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To express the Council’s opposition to approval of the Commonwealth of Virginia State Corporation Commission Case No. PUR-2026-00112, Joint Petition of Dominion Energy, Inc., Virginia Electric and Power Company, OSW Project LLC, WG Development Corp., CS HoldCo, LLC, and NextEra Energy, Inc. for approval of the disposition and acquisition of control of a public utility pursuant to Chapter 5 of Title 56 of the Code of Virginia unless and until Petitioners agree to specific commitments in a binding stipulation agreement to be submitted to the State Corporation Commission.
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WHEREAS, on July 15, 2026, Dominion Energy, Inc., Virginia Electric and Power Company, OSW Project, LLC, WG Development Corp., CS HoldCo, LLC, and NextEra Energy, Inc. filed with the Commonwealth of Virginia State Corporation Commission a joint petition for authority for the disposition and acquisition of control of a public utility pursuant to the Utility Transfers Act, §§ 56-88 et seq. of the Code of Virginia (1950), as amended (“Joint Petition”); and
WHEREAS, by Resolution No. 2026-R034, adopted September 10, 2026, Council approved of the City’s participation as Respondent in the case pursuant to Rule 5 VAC 5-20-80(B) of the Rules of Practice and Procedure of the State Corporation Commission, allowing the City to review documents related to the case and provide testimony or other evidence; and
WHEREAS, by Resolution No. 2023-R005, adopted February 13, 2023, Council approved the RVAgreen 2050 Climate Equity Action Plan, legally committing the City to a 45% reduction in greenhouse gas emissions by 2030 and net-zero emissions by 2050, centered on environmental justice and reducing energy burdens in historically marginalized communities; and
WHEREAS, on September 14, 2026, the Joint Petitioners publicly announced a “Virginia benefits package” including a new downtown Richmond office tower, capital workforce pipeline investments, and residential bill credits; and
WHEREAS, upon the inform...
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