ATLANTIC COAST PIPELINE

On July 5, 2020, we announced the cancellation of the Atlantic Coast Pipeline (ACP). After thorough review and public input, on March 24, 2022, the Federal Energy Regulatory Commission (FERC) approved a Restoration Plan to conclude the project. The approved plan is the best way to conclude the project with minimal impacts to landowners while protecting the environment... On November 10, 2022, FERC authorized Atlantic to begin restoration work with the issuance of a Notice to Proceed. We expect restoration work will begin in the first quarter of 2023 and, provided there are no unforeseen regulatory or other circumstances, will be completed by the fall of 2023. There will be up to three (3) years of post-restoration monitoring required by multiple agencies... The Atlantic Coast Pipeline will be an energy provider, job creator and economic game changer for West Virginia, Virginia and North Carolina. This underground natural gas transmission pipeline will transport domestically-produced,..