The Mountain Valley Pipeline project’s work is seen on Brush Mountain in Montgomery County outside of Blacksburg recently.
MATT GENTRY, The Roanoke Times
The Mountain Valley Pipeline project is seen on Brush Mountain in Montgomery County earlier this month. Last Friday, NextEra Energy of Florida — which has a nearly one-third partnership in the $6.2 billion project — said in a U.S. Securities and Exchange Commission filing that it was re-evaluating its role.
MATT GENTRY photos, The Roanoke Times
The route of the 303-mile buried Mountain Valley Pipeline cuts though Southwest Virginia, taking it north of Blacksburg and southwest of Roanoke. Here, the pipeline project is seen on Brush Mountain outside of Blacksburg earlier this month.
The Mountain Valley Pipeline is facing what it calls “greater uncertainty” after losing two crucial permits and the confidence of one of its five corporate partners.
Feb. 23, 2022, 8 p.m.: NextEra Energy of Florida, a financial partner in the Mountain Valley Pipeline project, said in a U.S. Securities and Exchange Commission filing it was taking an $800 million impairment charge due to the project's construction delays. That number was incorrectly reported in the originally published version of this article, which has been updated.
The Mountain Valley Pipeline project is seen on Brush Mountain in Montgomery County earlier this month. Last Friday, NextEra Energy of Florida — which has a nearly one-third partnership in the $6.2 billion project — said in a U.S. Securities and Exchange Commission filing that it was re-evaluating its role.
The route of the 303-mile buried Mountain Valley Pipeline cuts though Southwest Virginia, taking it north of Blacksburg and southwest of Roanoke. Here, the pipeline project is seen on Brush Mountain outside of Blacksburg earlier this month.
