Atlantic Coast Pipeline says ruling halts only 10 miles of 2018 construction [Seeking Alpha]
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
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Source: Seeking Alpha
Atlantic Coast Pipeline says ruling halts only 10 miles of 2018 constructionDominion Energy (D+0.1%) tells the Federal Energy Regulatory Commission thatjust 10 miles are on hold from its 2018 construction plan for the 600-mile Atlantic Coast Pipeline project because oflast week's court order invalidating a required environmental permit for construction.In total, Dominion says it plans to avoid 21 miles in West Virginia and 79 miles in Virginia until a revised permit allowing incidental take of protected species is issued.Environmental litigants in the case continue to contend that FERC must halt all construction on the project in response to the ruling; more may be known once the 4th U.S. Circuit Court of Appeals releases its full opinion after issuing an initial order just a few days after oral arguments.Lead developer Dominion owns a 48% stake in the Atlantic Coast Pipeline, while Duke Energy (DUK+0.9%) owns 47% and Southern Co. (SO+0.7%) holds 5%.Click to subscribe to real-time ana
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SO
Earnings
- 2/15/24 - Beat
SO
Sec Filings
- 4/25/24 - Form 8-K
- 4/22/24 - Form PX14A6G
- 4/12/24 - Form ARS
- SO's page on the SEC website