RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NYSE: D), today provided several updates for the Coastal Virginia Offshore Wind (CVOW) project. The 2.6 GW, fully permitted project is now ...
Dominion Energy CEO Bob Blue doesn’t foresee impacts from President Donald Trump’s halting offshore wind leasing and permitting to its mammoth 2.6GW Coastal Virginia Offshore Wind (CVOW) project ...
In a press release last night, Dominion said its Coastal Virginia Offshore Wind (CVOW) project was now about 50% finished and remains on track for completion at the end of 2026. While that was the ...
The Richmond-based Fortune 500 utility said in a statement Tuesday that it is “confident CVOW will be completed on time, and that Virginia’s clean energy transition will continue with bipartisan ...
The American energy company Dominion Energy, Inc. has completed a deal to sell a 50% stake in the Coastal Virginia Offshore Wind (CVOW) commercial project to the investment company Stonepeak Partners.
“We’re confident CVOW (Coastal Virginia Offshore Wind) will be completed on time, and that Virginia’s clean energy transition will continue with bipartisan support for many years to come ...
This could take years. Recent cost increases at CVOW have given investors pause. Management must continue to manage the project within stated estimates to maintain investor trust. New legislation ...
“A competitive partnership process attracted high-quality interest, resulting in a compelling partner for CVOW. Stonepeak is one of the world’s largest infrastructure investors, with more than $61 ...
Concerns include potential cost overruns on CVOW, inflationary pressures, and reduced government support, leading to a neutral rating on Dominion. Despite a slight valuation discount and strong ...