Dominion Sells 50% Stake in $10B Offshore Wind Project

Credit to Author: Sonal Patel| Date: Tue, 29 Oct 2024 15:56:35 +0000

Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an […]

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The first six of 176 monopiles for the Coastal Virginia Offshore Wind project were installed in the Northwest corner of the lease area in May. Installation work, scheduled from May 1 to October 31 each year to protect the North Atlantic right whale migration, will continue through 2025. Courtesy: Dominion

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