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Virginia Planning Commission Backs Dominion’s Cumberland Gas Plant

Dominion Energy logoDominion Energy
Sig2.60Sen+1.20Env-2.40Soc-0.50Gov+0.60

Dominion Energy shares trade near recent levels as investors weigh a key planning approval for the proposed Cumberland Energy Center natural gas plant in Virginia. The Cumberland County Planning Commission voted 5-1 to support the 3-gigawatt project, with operation expected in 2033 or 2034, subject to additional State Corporation Commission approvals and a Virginia air permit.

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