Dominion Energy Acquires Birdseye
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CHARLOTTE, N.C., May 10, 2021 – Birdseye Renewable Energy has entered into a definitive agreement to be acquired by Dominion Energy, headquartered in Richmond, Va. Founded in 2009, Birdseye has a distinguished reputation and track record of delivering utility scale solar projects and emphasizing collaboration with the local communities where they work. Since its inception, Birdseye has greenfield developed 1 GW of operating and contracted assets and has an active solar and storage development pipeline. “Much of Birdseye’s success has been driven by our sensitivity and respect for the communities where our projects are located,” said Brian Bednar, CEO of Birdseye Renewable Energy. “Dominion Energy shares our community-based approach to solar development and our clean energy vision for the region. The entire Birdseye team is thrilled to join Dominion Energy.” “This partnership will support the growth of clean, renewable energy across our region,” said Diane Leopold, Chief Operating Officer of Dominion Energy. “We’re combining our company’s financial commitment to clean energy with Birdseye’s proven development expertise. That’s an ideal alignment to advance the goals of the Virginia Clean Economy Act, the North Carolina Clean Energy Plan and Dominion Energy’s goal of net zero emissions.” As part of Dominion Energy, Birdseye will support the development of regulated and long-term contracted solar and storage projects. Onpeak Capital has served as the exclusive financial advisor to Birdseye. About Birdseye Birdseye Renewable Energy, LLC (www.birdseyeenergy.com) is a renewable energy developer that delivers shovel-ready projects across the southeastern United States. Located in Charlotte, North Carolina, the company specializes in greenfield development of utility scale solar and storage facilities by identifying optimal sites, analyzing markets and building trust and support from local communities. www.BirdseyeEnergy.com About Dominion Energy More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. www.dominionenergy.com For further information: Birdseye Renewable Energy Wendy Stormont, (704) 208-4546 or [email protected] Dominion Energy Media: Aaron Ruby, (804) 489-8081 or [email protected] Financial analysts: Steven Ridge, (804) 929-6865 or [email protected] .