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MarketScreener Homepage  >  Equities  >  Nyse  >  Dominion Energy, Inc.    D

DOMINION ENERGY, INC.

(D)
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Dominion Energy : May Develop Solar Facility at Washington Dulles Airport

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10/03/2019 | 12:44pm EST

By Stephen Nakrosis

Dominion Energy Virginia will work with the Metropolitan Washington Airports Authority to study developing a large-scale solar project at Washington Dulles International Airport.

The proposed 100-megawatt solar facility would cover an area of about 1,200 acres at the airport. Dominion Energy signed a sublease with the Airports Authority and will begin feasibility studies for the project.

Electricity generated by the project would flow through existing transmission lines to power homes and businesses in the region.

"Partnering with Dominion Energy on this important project will give us the data and tools we need to determine the role that solar energy can play at a major international airport now and in the future," said Mike Stewart, airport manager, Dulles International Airport.

The new facility could be on line by 2023.

Dominion Energy Inc. (D) provides power to 7.5 million customers in 18 states.

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

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Financials (USD)
Sales 2019 17 838 M
EBIT 2019 6 104 M
Net income 2019 1 289 M
Debt 2019 41 232 M
Yield 2019 4,53%
P/E ratio 2019 51,2x
P/E ratio 2020 18,4x
EV / Sales2019 6,04x
EV / Sales2020 5,89x
Capitalization 66 539 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 84,42  $
Last Close Price 80,84  $
Spread / Highest target 13,8%
Spread / Average Target 4,42%
Spread / Lowest Target -5,99%
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Managers
NameTitle
Thomas F. Farrell Chairman, President & Chief Executive Officer
James R. Chapman CFO, Treasurer & Senior Vice President
Mark O. Webb Chief Innovation Officer & Senior Vice President
John W. Harris Lead Independent Director
Mark J. Kington Independent Director
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