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The company said the U.S. District Court for the Eastern District of Virginia granted Virginia Power's request for a preliminary injunction against the BOEM Order, which directed a suspension of all CVOW-related activities for 90 days, issued on January 16, 2026.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said the U.S. District Court for the Eastern District of Virginia granted Virginia Power's request for a preliminary injunction against the BOEM Order, which directed a suspension of all CVOW-related activities for 90 days, issued on January 16, 2026.

  2. The company disclosed that the Bureau of Ocean Energy Management of the U.S. Department of the Interior suspended work on the Coastal Virginia Offshore Wind (CVOW) project for 90 days through a Director's Order dated December 22, 2025. The order directed OSW Project LLC to halt all ongoing CVOW-related activities.

  3. The company said Virginia Power will resume work on CVOW while its lawsuit challenging the agency's action proceeds in the courts. In the press release, the company said it is focused on restarting work safely and, separate from its legal challenge, will continue to seek a durable resolution through cooperation with the federal government.

  4. The company said its subsidiary Virginia Power holds 50% of the membership interests in OSW Project LLC. According to the press release, CVOW will consist of 176 offshore wind energy turbines with a total generating capacity of 2.6 gigawatts, enough to power up to 660,000 homes.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Court Grants Injunction Against 90-Day CVOW Suspension Order

The company said the U.S. District Court for the Eastern District of Virginia granted Virginia Power's request for a preliminary injunction against the BOEM Order, which directed a suspension of all CVOW-related activities for 90 days, issued on January 16, 2026.

Source · Based on the filing body and exhibits

BOEM Order Issue Date and Scope of Suspension

The company disclosed that the Bureau of Ocean Energy Management of the U.S. Department of the Interior suspended work on the Coastal Virginia Offshore Wind (CVOW) project for 90 days through a Director's Order dated December 22, 2025. The order directed OSW Project LLC to halt all ongoing CVOW-related activities.

Source · Based on the filing body and exhibits

CVOW Work to Resume During Lawsuit

The company said Virginia Power will resume work on CVOW while its lawsuit challenging the agency's action proceeds in the courts. In the press release, the company said it is focused on restarting work safely and, separate from its legal challenge, will continue to seek a durable resolution through cooperation with the federal government.

Source · Based on the filing body and exhibits

OSW Project LLC Stake and CVOW Turbine Capacity

The company said its subsidiary Virginia Power holds 50% of the membership interests in OSW Project LLC. According to the press release, CVOW will consist of 176 offshore wind energy turbines with a total generating capacity of 2.6 gigawatts, enough to power up to 660,000 homes.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.