Virginia Electric & Power issues 30,006 shares to Dominion Energy for $2.1B, reduces intercompany debt

VIRGINIA ELECTRIC & POWER CO

Issued 30,006 shares to sole holder Dominion Energy for ~$2.1B in total.
Proceeds used to reduce outstanding balance under intercompany credit facility.
Issuance authorized by Virginia SCC order allowing up to $3.5B of stock sales through end of 2025.
Transaction exempt from registration under Section 4(a)(2) of the Securities Act.

item 3.02

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