The Federal Energy Regulatory Commission on June 22 approved a May 27 application from Virginia Electric and Power for authorization for a transaction whereby it will accept from Panda Stonewall LLC certain interconnection facilities associated with Panda Stonewall’s power project located in Loudoun County, Virginia, that were placed into service on April 26 of this year.
Virginia Electric and Power, which does business in Virginia as Dominion Virginia Power, is a subsidiary of Dominion Resources (NYSE: D).
Panda Stonewall is readying for imminent operation of a 778-MW natural gas–fired facility that is interconnected with Dominion’s transmission system. Panda Power Funds holds the membership interests in Panda Stonewall. Panda Power Funds is a developer of natural gas and solar generation projects.