Politico — Dominion Energy and other energy companies have started receiving more than $1.4 billion in government loans over the past two years, but they’re getting more than they pay.
The government has paid more than the companies have earned in the past three years.
Dominion Energy, for example, paid about $938 million in taxes over that time, while the companies paid about twice as much.
The companies have also been paid tens of millions of dollars in fines, according to records reviewed by POLITICO.
In all, the government has given Dominion Energy $1,965 million over the years, records show.
The company has paid just under $4 million, records showed.
The loans have largely been for energy-related infrastructure projects, including major coal-fired power plants and gas pipelines.
Dominion and other companies are struggling to meet federal energy targets under the Trump administration’s $1 trillion stimulus package, which passed Congress in September.
The administration has also approved billions of dollars for coal mining projects, and it’s trying to reduce the federal deficit, as it did with its stimulus package.
The Trump administration is seeking a $5 billion loan to help companies refinance debt.
In a statement to POLITICO, a Dominion spokesman said the company is “committed to meeting its obligations to the federal government.”
The loans and other loan payments have come in response to Dominion’s decision to expand operations and hire additional employees.
The expansions have been controversial.
Dominion has been hit with federal investigations for alleged pollution at a gas well site and for a 2014 gas leak in the Gulf of Mexico that killed 10 people.
The U.S. Attorney in New Orleans has accused Dominion of covering up the leak, which occurred in the Marigny, Louisiana, area.
Dominion officials have denied wrongdoing.
The Justice Department has also launched investigations into Dominion and the companies.
Dominion, a unit of Dominion Resources, is one of the largest energy companies in the world.
Dominion operates more than 2,300 natural gas pipelines and more than 800 coal-burning power plants in 25 states.
Dominion also has a major role in the construction of two coal-powered power plants that are now shut down because of the pollution.
Dominion is facing a number of environmental lawsuits over the coal-to-liquids pipeline, which carries more than 100 million gallons of natural gas a day from Kentucky to Georgia.
Dominion says the pipeline is safe and that it’s been repaired.
But environmentalists and some lawmakers say the pipeline has been causing a toxic buildup of methane gas that can trigger methane leaks.
In September, the U.N. issued a preliminary report saying the pipeline poses a risk of “serious, long-term human health and environmental consequences” to human health, the environment and local communities.
The Obama administration has repeatedly denied any wrongdoing and has said it will pursue all legal remedies.
The pipeline is a vital part of Dominion’s strategy to compete in the burgeoning natural gas market.
In its announcement announcing the loans, the company said it would invest nearly $300 million to expand its operations, hire new workers and improve the quality of its infrastructure.
Dominion said in a statement that the loan will allow it to further expand its existing operations and to increase its workforce.
It said it was also going to work with the federal Environmental Protection Agency to help ensure its environmental health.
The Energy Department said it is “fully supportive of Dominion Energy’s efforts to meet its obligations” under the stimulus program.
Dominion did not immediately respond to a request for comment.
Dominion spokesman Jim Riggs said the loan agreement “provides our company with flexibility to expand our operations and expand our workforce.”
“We’re committed to helping the U,S.
Treasury Department and its agencies fulfill their mission,” Riggs wrote in an email.
Dominion told the Treasury Department it plans to invest $200 million in infrastructure upgrades, such as a new water main.
“We expect to be fully compliant with all the required reporting requirements of the program,” Riggles wrote.
Dominion was the subject of a lawsuit by a Texas coal company in 2015.
The lawsuit alleged Dominion “fraudulently inflated the value of its coal mines to mislead investors into believing that the coal mines in Texas were fully compliant and economically viable.”
Dominion is appealing the ruling, according.
The Environmental Protection Office declined to comment on the loan deal.
Dominion had been in the process of restructuring its operations.
Dominion recently paid $500 million to resolve allegations of fraud against it by former federal officials, according, in a recent report from the U:S.
Senate Committee on Energy and Natural Resources.
That settlement was a significant portion of the $7 billion that Dominion agreed to pay in the lawsuit.
Dominion received $1 billion in subsidies under the program, according the report.
Dominion filed for bankruptcy protection in April 2017, and the company announced it was seeking $1 million in cash.
The Department of Treasury has said the loans are meant to help “defray the costs of the ongoing litigation and settlements that have been brought by Dominion.”
Dominion did file for bankruptcy