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Dominion Energy falls after offshore wind projects suspended over security concerns

ReutersDec 22, 2025 2:44 PM

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

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