Dominion Resources (D) Prices $1.23B Series A Equity Units Offering

Dominion Announces Pricing of Equity Units

RICHMOND, Va., Aug. 10, 2016 /PRNewswire/ -- Dominion (NYSE: D) announced today that it has priced its offering of 25 million 2016 Series A equity units. Each 2016 Series A equity unit will be issued in a stated amount of $50 ($1.25 billion aggregate stated amount) and will consist of a contract to purchase common stock in the future, a 1/40 undivided beneficial ownership interest in Dominion's 2016 Series A-1 remarketable subordinated notes due 2021 having a principal amount of $1,000 and a 1/40 undivided beneficial ownership interest in Dominion's 2016 Series A-2 remarketable subordinated notes due 2024 having a principal amount of $1,000. Each of the... More

Dominion East Ohio Reminds Customers, Excavators August 11 (8/11) Is Convenient Reminder To Call 8-1-1 Before Digging

CLEVELAND, Aug. 9, 2016 /PRNewswire/ -- Dominion East Ohio is using the calendar date August 11, or 8/11, as a natural reminder that Ohio law requires the general public and contractors to call 8-1-1 at least two business days, but no more than 10 business days, prior to any digging project to have underground utility lines marked. This will help ensure safe excavation. Promoting the Call 8-1-1 and other pipeline safety messages has helped the company reduce third-party dig-ins by 50 percent over the past nine years, company officials say.

When calling 8-1-1, the general public and... More

Norfolk State University expands green technology initiative with Dominion grant of $25,000

RICHMOND, Va., Aug. 9, 2016 /PRNewswire/ -- Good things come in small packages: sometimes microscopic ones. Students at Norfolk State University are conducting research with devices that are so tiny that millions of them can fit on the head of a pin.  

"Thanks to this Dominion Foundation grant, we are able to expand training capabilities for students to learn the fabrication process which uses green technology to improve electronic communications, energy generation and lighting," said Dr. Demetris L. Geddis, associate professor of engineering and director of the Micro-and Nano Technology Center, the lead professor for this curriculum. ... More

Dominion Announces Equity Units Offering

RICHMOND, Va., Aug. 8, 2016 /PRNewswire/ -- Dominion (NYSE: D) announced today its intention to offer to sell 25 million equity units, subject to market and other conditions. Each equity unit will be issued in a stated amount of $50 and will consist of a contract to purchase common stock in the future and two 1/40 undivided beneficial ownership interests in remarketable subordinated notes each having a principal amount of $1,000. Dominion expects to grant to the underwriters an option to purchase an additional 3 million equity units to cover over-allotments.

Dominion intends to use the net proceeds... More