Virginia Business30 Sep 2026AI generated
Dominion's 2.6 GW Coastal Virginia Offshore Wind project is now 81% complete with more than 31 turbines installed, installation continuing despite Trump administration opposition to offshore wind.
- Completion timeline pushed to end-2027, budget raised to USD 11.65 billion
- First grid power delivered March 23, 2026 from a single Siemens Gamesa 14.7 MW turbine
- Installation handled by Jones Act-compliant vessel Charybdis, 175 turbines remaining
- A USD 715 million side bet tied to the project drew no takers
Context
The project first sent power on March 23, 2026, and by August 3 Dominion had revised completion to end-2027 at a USD 11.65 billion budget, up nearly USD 300 million.
Related
Largest US Offshore Wind Farm 81 Pct Complete, Final Turbine Expected by End of 2027
OffshoreWIND.biz3 Aug
