September 30, 2008

Dominion Resources Maintains 6% Growth Outlook and Continues $13.1 Billion in Active Projects, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- Dominion Resources Incorporated (NYSE:D) (Richmond, Virginia) is maintaining its growth outlook of 6% with a total of $3.7 billion in capital ($2.2 billion) and maintenance ($1.5 billion) spending planned for 2008, Thomas Farrell II, President, Chairman and CEO, said recently at the Merrill Lynch Power & Gas Leaders Conference. The majority, or 90%, of the spending will go toward regulated businesses, he said.

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SOURCE: Industrial Info Resources