Dominion Energy Will Use $50 Million MassDevelopment Bond for Pollution Control Equipment
December 1, 2008
MassDevelopment today announced a $50 million tax-exempt bond issue on behalf of Dominion Energy Brayton Point, LLC of Somerset. The energy provider will use bond proceeds to buy and install new equipment at its Brayton Point Power Station, including new flue gas desulfurizing scrubbers and mercury emissions monitors that will significantly reduce emissions at the facility.
Dominion Energy Brayton Point, LLC is a wholly owned subsidiary of Dominion Resources Inc., one of the largest energy producers in the nation. Dominion manages an energy portfolio of 26,500 megawatts of power, 6,000 miles of electrical transmission lines, 14,000-miles of gas transmission lines and 1.1 trillion cubic feet equivalent of natural gas reserves.