Construction of Duke Energy-backed Atlantic Coast Pipeline receives approval from final state

Virginia regulators have cleared the way for construction to begin in that state on the $6.5 billion Atlantic Coast Pipeline — owned by Dominion Energy Inc. (NYSE: D), Duke Energy Corp. (NYSE: DUK) and Southern Co. (NYSE: SO) The 600-mile pipeline is designed to transport shale gas from West Virginia to southeast Virginia and eastern North Carolina. Construction has already began in West Virginia and North Carolina. “With this final state approval for pipeline construction in place, we are…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/22/construction-of-duke-energy-backed-atlantic-coast.html?ana=RSS&s=article_search