Dominion Energy

Dominion Energy, Inc. stands as one of the United States' premier energy companies, providing regulated electricity and natural gas services to approximately 7 million customers across 13 states. With a market capitalization exceeding $52 billion and annual revenue of $14.5 billion in 2024, Dominion Energy operates one of the nation's most extensive energy infrastructure networks, including approximately 30.3 GW of electric generating capacity, 10,600 miles of electric transmission lines, and 79,700 miles of electric distribution lines. Headquartered in Richmond, Virginia, the company serves critical economic regions including Virginia's "Data Center Alley," the world's largest concentration of data centers.

The company's regulated electricity service reaches 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, while its natural gas operations serve 500,000 customers in South Carolina. Dominion Energy has positioned itself at the forefront of the clean energy transition, investing heavily in renewable energy infrastructure including the nation's largest offshore wind project under construction—the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) project with 176 turbines capable of powering 660,000 homes. This $9.8 billion initiative represents the company's commitment to providing increasingly clean energy while maintaining the reliability and affordability customers depend upon.

Dominion Energy's strategic focus has evolved significantly in recent years, with the company streamlining its portfolio through strategic divestitures including the sale of gas utilities in Ohio, Utah, and North Carolina to focus on its core electric utility operations in Virginia and the Carolinas. The company has emerged as a critical partner in powering the AI revolution, with unprecedented electricity demand from data centers driving substantial growth opportunities. In 2024-2025, Dominion announced groundbreaking partnerships with Amazon and other technology leaders to develop small modular nuclear reactors (SMRs), positioning nuclear power as a key solution to meet the massive energy requirements of AI-driven data centers while advancing clean energy goals.

With a workforce of 14,700 employees committed to safety, ethics, and excellence, Dominion Energy is executing an ambitious $50.1 billion five-year capital investment plan for 2025-2029, including $17 billion dedicated specifically to supporting data center growth. The company's transformation from a diversified energy conglomerate to a focused, growth-oriented regulated electric utility reflects a clear strategic vision: providing the reliable, affordable, and increasingly clean power that will energize America's digital future while delivering sustainable value to customers, communities, and shareholders.