Duke Energy, Dominion abandon the $8 billion Atlantic Coast Pipeline
https://www.bizjournals.com/charlotte/news/2020/07/05/duke-energy-dominion-abandon-the-atlantic-coast-p.html
It is a long article. I'm just pulling out some key info…
The $8 billion, 600-mile Atlantic Coast Pipeline is dead. KEYSTONE PIPELINE
Dominion Energy Inc. and Duke Energy Corp. are canceling the project because of continuing court delays likely to drive the price tag higher. That would threaten the economic viability of the project, they say.
Bound up in the cancellation is Dominion’s decision, announced separately, to sell it gas transmission business to Berkshire Hathaway Energy for $4 billion in cash and the assumption of $5.7 billion in debt.
Dominion will continue to own and operate its natural gas utilities, like Dominion Energy North Carolina, based in Gastonia.
Gastonia is where Q posted the giant Flag.
Dominion is the Keystone. They have their hands in everything.