RICHMOND, Va. - Dominion (NYSE: D) announced Thursday that
it will make a lead gift in disaster fundraising to the National Red Cross to
assist with Hurricane Isabel recovery efforts.
Dominion will make a $50,000 contribution to the National
Red Cross and has designated $25,000 each to state chapters in Virginia
and in North Carolina."
Dominion's electric employees—our linemen and servicemen—are
seeing firsthand the effects of Hurricane Isabel," said Thos. E.
Capps, Dominion chairman, president and chief executive officer. "We
are now witnessing her devastation.
"We hope this donation will jumpstart contributions
and lead to challenges from other corporations and individuals,"
Capps said.
The American Red Cross, a humanitarian organization led by
volunteers, guided by its Congressional Charter and the Fundamental Principles
of the International Red Cross Movement, provides relief to victims of disasters
and helps people prevent, prepare for, and respond to emergencies.
Dominion is one of the nation's largest producers of energy,
with a diversified and integrated energy portfolio consisting of 24,000 megawatts
of generation, 6.3 trillion cubic feet equivalent of proved natural gas reserves,
7,900 miles of natural gas transmission pipeline and more than 960 billion cubic
feet of storage capacity. Dominion also serves 5 million retail energy customers
in nine states. In addition, Dominion owns a managing equity interest in Dominion
Fiber Ventures LLC, owner of Dominion Telecom. For more information about Dominion,
visit the company's Web site at www.dom.com.
