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Dominion Energy Inc.
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Dominion Energy Inc.

U.S. District Court Allows Dominion Energy to Resume Offshore Wind Project

| 8-K |Utilities

Summary

On January 16, 2026, the U.S. District Court for the Eastern District of Virginia granted Dominion Energy's request for a preliminary injunction, allowing the Coastal Virginia Offshore Wind (CVOW) project to resume construction. The decision counters the Bureau of Ocean Energy Management's order to suspend work on the CVOW project for 90 days. The CVOW project, a critical component of Dominion Energy's diverse energy supply strategy, is set to generate 2.6 gigawatts of energy, sufficient to power up to 660,000 homes. Dominion Energy will continue to focus on safely restarting the project while also seeking a resolution through cooperation with federal authorities.

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About Dominion Energy Inc.

Dominion Energy Inc. is a leading energy utility company based in Richmond, Virginia. It primarily operates in the energy production, transmission, and distribution sectors, catering to millions of customers across different regions. The company's key focus is on generating and delivering reliable electricity and natural gas, with an emphasis on sustainable and clean energy solutions. As part of its commitment to environmental stewardship, Dominion Energy is heavily investing in renewable energy sources, such as wind and solar power, while also maintaining a robust infrastructure for traditional energy sources. Dominion Energy's strategic role in the financial market is underscored by its impact on the utilities sector, which is crucial for economic stability and growth. The company’s initiatives in reducing carbon emissions and enhancing grid efficiency are significant as sustainability becomes a priority worldwide. Beyond energy production and distribution, Dominion Energy also manages gas transmission and storage, contributing to energy security in the regions it serves. As a key player in the energy transition movement, Dominion Energy Inc. continues to influence the market dynamics with its comprehensive approach to energy management and sustainability.

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