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Dominion Energy has completed construction of new emission control systems at its Mt. Storm Power Station and placed them into operation, reducing sulfur dioxide emissions.
Dominion Virginia Power, a utility with 2 million electricity customers, reported record service reliability in 2001 for the fifth consecutive year of improvement.
Dominion and Mirant announced Tuesday that they have reached an agreement under which Dominion will purchase Mirant State Line Ventures Inc., whose assets include the State Line power station, a 515-MW coal-fired generation facility outside Hammond, Ind., near the Indiana-Illinois border.
Peoples Energy Corporation and Dominion have formed an alliance to market retail gas and electricity to the nearly 3,000,000 residential consumers in Chicago and northern Illinois.
Utility holding company Dominion Resources Inc. Wednesday said 2001 operating earnings, excluding special charges, are expected to meet or slightly exceed analyst expectations of $4.15/share. The company also reaffirmed 2002 earnings guidance of $4.90-4.95/share.
Elwood Energy LLC, a joint venture between subsidiaries of Peoples Energy Corporation and Dominion, today announced that it has successfully closed its $402 million bond issuance.
The board of directors of Dominion today declared a quarterly dividend of 64.5 cents per share of common stock.
Dominion today announced unaudited consolidated earnings for the third quarter ended September 30, 2001 of $344 million ($1.37 per share), compared to operating earnings of $270 million ($1.13 per share) for the same period in 2000.