Dominion Energy's CVOW cost rises to $11.5B; completion pushed to early 2027

DOMINION ENERGY, INC

Estimated total project cost increased from ~$11.2B to ~$11.5B (excl. financing costs), driven by tariffs and work suspension.
Completion now expected in early 2027, delayed from prior timeline.
Work suspended Dec 2025 due to BOEM Director's Order; preliminary injunction issued Jan 2026 allowed resumption.
Additional costs attributed to tariffs and the temporary suspension of work.

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