Dominion Energy and Smithfield Foods Break Ground on Largest Renewable Natural Gas Project in North Carolina

Dominion Energy and Smithfield Foods, Inc. are pleased to announce that the companies are breaking ground on North Carolina’s largest renewable natural gas (RNG) project through their joint venture, Align Renewable Natural Gas (RNG). Located in Duplin and Sampson counties, this project will generate enough energy to power more than 3,500 homes annually upon completion. Align RNG is a multi-state joint venture between Dominion Energy and Smithfield that will capture methane emissions from hog farms and convert them into RNG to power homes and businesses.

“Breaking ground on this project with Dominion Energy is an exciting first step in bringing Align RNG to life,” said Kraig Westerbeek, senior director of Smithfield Renewables and hog production environmental affairs for Smithfield Foods. “This project implements proven ‘manure-to-energy’ technology across a number of farms to produce reliable renewable energy for our community and contributes to our company’s ambitious goal to reduce our greenhouse gas (GHG) emissions 25% by 2025.”

As part of this initiative, technology will be installed across as many as 19 area farms to transform manure into RNG that will be processed and injected into existing natural gas distribution systems to serve local homes and businesses. This project is modeled after the Optima KV project, which captures biogas on five Smithfield contract farms in North Carolina, and similar projects on Smithfield farms in Northern Missouri and Utah.

“What we are starting today is truly transformational,” said Gary Courts, Dominion Energy’s general manager of new gas business development. “We’re using the power of innovation to make our energy cleaner and our farms more sustainable than ever before,” Courts continued. “With renewable natural gas, everyone wins. It’s good for the environment and our planet. It’s a huge win for the farmers. And it’s around-the-clock renewable energy for consumers.”

The 300,000 MMBTU of renewable energy this project is estimated to produce will play a key role in the state of North Carolina’s historic initiative to reduce GHG emissions over the next decade and will help expand the state’s energy portfolio with a reliable source of renewable energy. The sale of RNG generated by these projects will also provide family farmers with an additional source of revenue.

“This project is providing an incredible opportunity to turn one of our largest cost drivers – manure management – into a new revenue stream,” said Terry Tate, manager of DM Farms of Rose Hill and a Smithfield contract grower. “Working with Dominion Energy and Smithfield on this project was an easy choice. I’m proud to be part of an initiative that is improving both the viability and durability of our farms while benefiting the local community with a renewable energy source.”

“Dominion Energy and Smithfield are supporting the growth of agriculture in North Carolina, the state’s leading industry,” said North Carolina Rep. Jimmy Dixon. “This project forecasts an exciting shift in the role that farmers play by providing opportunities within the energy sector that expand their capabilities and improve their bottom line.”

This is the first “manure-to-energy” project to begin construction under Align RNG since the joint venture was announced in late 2018. Additional projects are planned in North Carolina, Utah, and Virginia, and are projected to produce enough energy to power 14,000 homes and businesses in total. The emissions reduction associated with these projects equate to planting 7.8 million new trees or taking 100,000 passenger vehicles off the road.

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.

Media Contact: Aaron Ruby, aaron.f.ruby@dominionenergy.com, (804) 489-8081
Investor Relations Contact: Steven Ridge, steven.d.ridge@dominionenergy.com, (804) 929-6865

About Smithfield Foods

Headquartered in Smithfield, Va., since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. Our 40,000 U.S. and 15,000 European employees are dedicated to producing "Good food. Responsibly.®" and have made us one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including many industry firsts, such as our ambitious commitment to cut our carbon impact by 25 percent by 2025. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our neighbors in need. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich®, and Nathan's Famous®, among many others. For more information, visit www.smithfieldfoods.com, and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Media Contact: Lisa Martin, lvmartin@smithfield.com, (757) 503-6793