Virginia Approves $1.1B Dominion Power Plant

Law360, New York (February 3, 2012, 2:27 PM EST) -- Dominion Virginia Power has gotten the green light for a $1.1 billion Shenandoah Valley power plant, the Virginia State Corporation Commission said Thursday.

The 39-acre Warren County Power Station will be a 1,329-megawatt natural-gas-fired combined cycle generation facility and is expected to go online by December 2014, the SCC said in its final order.

The SCC said the project, including a 900-foot, 500-kilovolt transmission line and a switching station, “will serve the public convenience and necessity and [is] in the public interest.”

Under Virginia law, the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.