Court nixes key permit for Atlantic Coast Pipeline; construction in question [Seeking Alpha]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Court nixes key permit for Atlantic Coast Pipeline; construction in questionA federal appeals court todayinvalidated a key U.S. Fish and Wildlife Service permit for the Atlantic Coast Pipeline, a decision environmental lawyers who argued the case say should halt all construction on the project.The 4th U.S. Circuit Court of Appeals sided with pipeline opponents who argued that the Fish and Wildlife review known as an incidental take statement - meant to set limits on killing threatened or endangered species during construction and operation - was so vague as to be unenforceable.The order's immediate impact appears to be in dispute, as a spokesperson for lead developer Dominion Energy (NYSE:D) says construction will continue on the pipeline as scheduled while the utility reviews the court’s decision.Dominion owns a 48% stake in the Atlantic Coast Pipeline, while Duke Energy (NYSE:DUK) owns 47% and Southern Co. (NYSE:SO) holds 5%.Click to subscribe to real-time analytics on DNow read:Mar
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- Dominion Energy, Inc. (NYSE: D) had its price target lowered by analysts at Scotiabank from $49.00 to $48.00. They now have a "sector perform" rating on the stock.MarketBeat
- New data centers require billions of dollars in utility system upgrades. You may end up paying for it. [Business Insider]Business Insider
- ClearBridge ESG Investment Strategy Q1 2024 Portfolio Manager Commentary [Seeking Alpha]Seeking Alpha
D
Earnings
- 2/22/24 - Miss
D
Sec Filings
- 4/10/24 - Form SC
- 3/25/24 - Form PX14A6G
- 3/22/24 - Form ARS
- D's page on the SEC website