Dominion Energy ($D) update (Jan 30, 2026): CVOW total project cost up from ≈$11.2B to ≈$11.5B (incl.
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Dominion Energy ($D) update (Jan 30, 2026): CVOW total project cost up from ≈$11.2B to ≈$11.5B (incl. contingency, excl. financing). Project completion now expected in early 2027. 📈 #CVOW #renewables #Energy
Cause: work was temporarily suspended after a Dec 2025 DOI/BOEM Director’s Order until a Jan 2026 preliminary injunction; added tariff-related costs contributed to the increase (≈$300M). ⚖️ $D #CVOW #regulation #tariffs
Investor note: $300M on an ~$11.5B program is modest but the schedule slip to early 2027 and financing costs exclusion could affect capital timing and earnings — monitor tariff and legal developments. 📅 $D #investors #infrastructure