Dominion Energy, a subsidiary of Dominion (NYSE: D), reached a $13.2 million settlement with the Department of Justice and the U.S. Environmental Protection Agency (EPA) to resolve Clean Air Act violations.
The settlement will result in reductions of nitrogen oxides, sulfur oxide and particulate matter at two coal-fired power plants – the 1,528 MW Brayton Point in Massachusetts and the 1,158 MW Kincaid in Illinois – and the retirement of the 515 MW State Line coal-fired power plant in Indiana. Dominion must also spend $9.75 million on projects that will benefit the communities located near the plants, and $750,000 to the U.S. Forest Service and the National Park Service for projects that mitigate the emissions from the plants.
Dominion earlier in March sold the Kincaid and Brayton Point power plants to a subsidiary of funds managed by Energy Capital Partners.
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