UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) March 16, 2020
Dominion Energy, Inc.
(Exact Name of Registrant as Specified in Its Charter)
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Virginia | | 001-08489 | | 54-1229715 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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120 Tredegar Street Richmond, Virginia | | 23219 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s Telephone Number, Including Area Code (804) 819-2000
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class | | Trading Symbol | | Name of Each Exchange on Which Registered |
Common Stock, no par value | | D | | New York Stock Exchange |
2019 Series A 7.25% Corporate Units | | DCUE | | New York Stock Exchange |
2016 Series A 5.25% Enhanced Junior Subordinated Notes | | DRUA | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Investor Presentation regarding 2020 Virginia General Assembly Legislative Session
On March 16, 2020, Dominion Energy, Inc. (the Company) posted a presentation to its investor relations website regarding the 2020 Virginia General Assembly legislative session. The presentation is filed with this Form 8-K as Exhibit 99.
Update regarding Planned ATM Program
The Company plans to renew its “at the market” offering program as an option to support its financing needs. The Company has no current plans to sell stock under the new program. The Company expects to have sufficient liquidity in the form of cash on hand and from operations and available credit capacity to support its funding needs. As of March 13, 2020, the Company had approximately $1.1 billion in cash and an additional $3.4 billion available under its $6.0 billion credit facility after accounting for outstanding commercial paper and letters of credit. As of March 16, 2020, the Company has not drawn on this credit facility. In addition, the Company is contemplating additional liquidity facilities to buttress these positions.
Item 9.01 | Financial Statements and Exhibits |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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DOMINION ENERGY, INC. Registrant |
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/s/ James R. Chapman |
Name: | | James R. Chapman |
Title: | | Executive Vice President, Chief Financial Officer and Treasurer |
Date: March 16, 2020