Philadelphia, Pa. — PIDC, Philadelphia’s public-private economic development corporation and master developer of the Philadelphia Navy Yard, announces the award for a 10-year electric utility Operations and Maintenance (O&M) services contract to Dominion Energy for the Navy Yard following a highly competitive solicitation process. This contract will go into effect on November 1, 2021 following a transition period.

After a thorough review of proposals that met the Request for Proposals (RFP) criteria, Dominion Energy was selected for its strong financials and industry relevance including an extensive background and knowledge with privatized military utility installations similar to the Navy Yard electric utility grid. Through responsive on-site management, and commitment to meaningful small business subcontracting, the Navy Yard and its customers will gain industry-leading service reliability, financial performance, innovation, responsiveness, and service reliability to support effective response to routine, urgent, and emergency service needs and interruptions.

"Dominion Energy is excited to bring its expertise in providing top-notch service to the Navy Yard," said Todd Headlee, Director of Customer Energy Solutions - Dominion Energy Virginia. "We bring our best effort every day to our regulated customers in Virginia and will show the same commitment to the tenants and customers at the Navy Yard."

Since the military base closed and was transferred to PIDC’s leadership in 2000, the Navy Yard’s electric utility system has grown to accommodate more customers and has become more sophisticated. It is a large, independently operated unregulated energy grid, and since 2010, more than $35 million in upgrades have been performed and new capacity added, including the addition of a peaking plant, a battery storage plant, and Pennsylvania’s first community solar project.

“We are pleased to award this important contract to Dominion Energy, who brings unparalleled O&M experience, deep resources, and the most comprehensive expertise and support for our advanced utility operations at the Navy Yard,” said Kate McNamara, PIDC’s Senior Vice President, Navy Yard. “We are confident in their capacity and knowledge to provide the best level of service to our existing customers and future customers, and this will allow the next phase of real estate development to grow and flourish.”

The Navy Yard continues to grow as a premiere location for businesses and employees in Philadelphia. The next phase of development will solidify the Navy Yard’s place as a leader in business, manufacturing, R&D, and life sciences and will include the creation of a vibrant mixed-use district including retail, makerspace, and - for the first time since the base closure - residential development. With this next phase of commercial and residential development, the Navy Yard is expected to add an additional 5.4 million square feet of space at full build-out over the next 15 to 20 years and plans to grow from its peak demand of 33 megawatts serving 105 accounts and 120 facilities to 55 megawatts. Additionally, Dominion Energy will also ensure future energy needs are met as new capacity is added to the private grid.

A key component to Dominion Energy’s winning bid was fulfilling the strong, specific commitments to not only subcontract with local Philadelphia businesses and disadvantaged businesses in the conduct of its work, but also to improve the overall capacity of those local and disadvantaged businesses through their work. Dominion Energy will be working closely with the City of Philadelphia’s Office of Economic Opportunity to implement a robust Economic Opportunity Plan to achieve an average of 40% of minority- and women-owned business enterprises for major repairs and planned capital projects over the 10-year contract period.

Dominion Energy offers comprehensive O&M and business management expertise backed by 100+ years’ experience as one of the nation’s largest regulated utility companies, serving more than 3.2 million electric customers in North Carolina, South Carolina, and Virginia. Dominion Energy also extends 15 years of experience in owning, operating, and maintaining privatized, non-regulated systems on critical installations (similar to the Navy Yard) in South Carolina, Texas, Virginia, and Washington, D.C.
 

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. Please visit DominionEnergy.com to learn more.


About PIDC
PIDC is Philadelphia’s public-private economic development corporation. A non-profit founded in 1958 by the City of Philadelphia and the Greater Philadelphia Chamber of Commerce, PIDC’s mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. PIDC has invested more than $16.6 billion of financing and more than 3,200 acres of land sales—which has leveraged over $29 billion in total investment and assisted in retaining and creating hundreds of thousands of jobs in Philadelphia. For more information about PIDC, visit www.PIDCphila.com and follow us @PIDCphila on Twitter.


About the Philadelphia Navy Yard
The Navy Yard is a growing community of nearly 15,000 employees and 170 employers who occupy 7.5 million square feet across a mix of property types, including office, retail, industrial, R&D, and institutional. These employers include the Urban Outfitters headquarters; GSK’s North American headquarters; Jefferson Health; life science companies such as Wuxi, Iovance, and Adaptimmune; manufacturers; corporate R&D, such as Axalta’s Global Innovation Center; critical U.S. Navy engineering centers; technology startups; and a graduate engineering, business, and research campus for Penn State University.

In addition to its proximity to a large, diverse talent pool; airport and highway access; and the ability to create customizable workplaces, the Navy Yard offers community members a range of amenities including restaurants and cafes, a riverfront greenway, free shuttle access, bikeshare, and over 20 acres of open green space. The Navy Yard is a collaborative community with curated food trucks, health and wellness programs, rotating public art installations by local and international artists, and hosts a variety of food, fitness, and philanthropic events in its parks. For more information about the Navy Yard, visit www.navyyard.org and follow us on Twitter @NavyYardPhila.