BUZZ-<a href="https://laohu8.com/S/D">Dominion</a> Energy falls after offshore wind projects suspended over security concerns** Shares of U.S. utility Dominion Energy D.N down 4.1% at $57.02
** Trump administration suspends five offshore wind projects, including Dominion's Coastal Virginia Offshore Wind–Commercial
** The Department of Interior cites national security concerns raised by the Pentagon, including radar interference from turbine blades and reflective towers
** It says this pause will give relevant federal agencies "time to work with leaseholders and state partners to assess the possibility of mitigating the national security risks posed by these projects"
** Including session's moves, Dominion shares up 5.9% YTD
(Reporting by Sumit Saha in Bengaluru)
((Sumit.Saha@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments