other material
confidence high
sentiment neutral
materiality 0.70
Dominion Energy establishes $1.2B at-the-market equity offering program
DOMINION ENERGY, INC
- Entered 12 separate sales agency agreements for ATM sales of common stock up to $1.2B.
- Forward sale agreements allow forward sellers to borrow and sell shares; company receives proceeds only upon future physical settlement.
- Sales may be made on NYSE or via other methods; prospectus supplement filed February 27, 2025.
- Company may elect cash or net share settlement of forward agreements, potentially receiving no proceeds.