Dominion Energy Targets 2027 Completion for NextEra Deal and Maintains $11.65B Coastal Virginia Offshore Wind Budget
During its Q3 2026 earnings call, Dominion Energy (D) outlined a strategic roadmap focused on three core priorities: meeting financial commitments, hitting construction milestones for the Coastal Virginia Offshore Wind (CVOW) project, and maintaining constructive regulatory progress. The company confirmed that the deal with NextEra is expected to close in the second half of 2027. Additionally, management reaffirmed the budget for the CVOW project at $11.65 billion, signaling a commitment to cost discipline despite the scale of the offshore wind initiative.
Topics: earnings call financial commitments offshore wind construction regulatory affairs