Loan & DebtApr 8, 2026, 03:56 PM
Dominion Energy Extends Maturity Dates for Two Key Revolving Credit Agreements to 2029 and 2031
AI Summary
Dominion Energy, Inc. has successfully extended the maturity dates of two significant revolving credit facilities, enhancing its financial flexibility and liquidity profile. The Sustainability Revolving Credit Agreement, originally dated June 9, 2021, now matures on April 7, 2029, with options for further one-year extensions. Concurrently, the Core Revolving Credit Agreement, which includes Virginia Electric and Power Company and Dominion Energy South Carolina, Inc. as borrowers, has had its maturity extended to April 8, 2031. These extensions provide Dominion Energy with continued access to capital and stable financing for its operations and strategic initiatives.
Key Highlights
- Dominion Energy amended its Sustainability Revolving Credit Agreement on April 7, 2026, extending its maturity date to April 7, 2029.
- The Sustainability Credit Agreement, originally dated June 9, 2021, also includes provisions for Dominion Energy to request up to two additional one-year extensions of the maturity date.
- Effective April 8, 2026, Dominion Energy, Virginia Electric and Power Company, and Dominion Energy South Carolina, Inc. received lender consent to extend the maturity date of their Core Revolving Credit Agreement to April 8, 2031.
- Sumitomo Mitsui Banking Corporation serves as the administrative agent for the Sustainability Revolving Credit Agreement.
- JP Morgan Chase Bank, N.A. serves as the administrative agent for the Core Revolving Credit Agreement.
Price Impact
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