CVOW offshore wind project hit with $258M in unrecoverable costs in 2025

{
  "signal_id": "03c76aeb-8671-4ab1-b6aa-4dd2b7f1c119",
  "signal_type": "sec-10k",
  "signal_subtype": "supplyChainDisruption",
  "detected_at": "2026-02-24T09:21:41.004+00:00",
  "company": {
    "name": "Dominion Energy",
    "domain": "dominionenergy.com"
  },
  "data": {
    "detail": "The company's flagship Coastal Virginia Offshore Wind (CVOW) project cost estimate increased to $11.5B, resulting in a $258M charge for unrecoverable costs due to work suspensions, tariffs, and network upgrade costs. This indicates significant project management, supply chain, and cost control challenges, creating an opening for solutions that mitigate project risk and improve financial oversight.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Charge for unrecoverable costs on the CVOW Commercial Project in 2025.",
      "dollar_millions": 258
    },
    "summary": "CVOW offshore wind project hit with $258M in unrecoverable costs in 2025",
    "excerpts": "In 2025, Dominion Energy recorded a net $258 million ($192 million after-tax) of charges for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project as a result of a revised total project cost estimate of approximately $11.5 billion (excluding financing costs) which reflects a temporary suspension of work order and an estimated impact of certain tariffs which became effective during 2025...",
    "relevance": 1,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/103682/000119312526063120/d-20251231.htm",
    "filing_date": "2026-02-23",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Supply chain tools urgently needed",
    "signal_category": "operations",
    "regions_mentioned": [
      "Virginia"
    ],
    "vendors_mentioned": [
      "PJM",
      "Stonepeak"
    ],
    "technologies_mentioned": [
      "offshore wind"
    ]
  }
}

curl https://signals.autobound.ai/v1/signals/03c76aeb-8671-4ab1-b6aa-4dd2b7f1c119 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"dominionenergy.com","limit":20}'