The state Department of Environmental Quality found more than a dozen offenses during a quarterly review of site inspections.
Matt Busse
Matt Busse is the business reporter for Cardinal News. Matt spent nearly 19 years at The News & Advance, most recently as its managing editor. A Richmond native, he graduated from Virginia Commonwealth University with a degree in mass communications. He lives in Lynchburg. Contact: matt@cardinalnews.org or 434-849-1197.
Mountain Valley Pipeline final cost revised up to $7.85 billion
The project’s lead developer said construction delays and weather have contributed to the latest increase. It hopes to have the 303-mile pipeline in service by the end of May.
Want to comment on Appalachian Power’s proposed rate increase? Here’s how.
Virginia’s second-largest electric utility proposes raising the average residential bill by about $10. State and local elected officials have criticized the plan, and the public now can weigh in.
Justices’ $1 billion suit against Carter Bank transferred to Virginia court
The Justices allege that the Martinsville-based bank has violated banking laws. The bank says the Justices and their companies have stalled on repaying $300 million in past-due loans.
Environmental groups challenge MVP Southgate in federal court
Eight organizations say that plans for the project, an extension of the Mountain Valley Pipeline, have changed so much that federal regulators’ previous approval no longer applies.
Roanoke-based Luna Innovations says more financial statements are unreliable
The fiber-optic technology company said Friday that financial statements going back to the beginning of 2022 need to be restated because of “identified accounting errors.”
Company backed by $100 million in federal funding looks to open battery plant in Lynchburg
A state commission on Thursday also approved an economic incentive package for Applied Materials. Details about the company’s plans for Lynchburg remain unclear.
Youngkin amendment would cancel creation of $5 million program for down payment help
The budget amendment is among more than 200 from the Republican governor that the Democratic-controlled legislature will consider as it reconvenes Wednesday in Richmond.
Virginia Tech team looks to make drilling to bury power lines safer, cheaper
Most electric power lines are strung overhead from one pole to the next. That’s cheaper than running lines underground, but it also means those lines are vulnerable to wind and snowstorms.
Youngkin OKs shared solar bills
The legislation establishes a program for Appalachian Power customers to buy solar energy without needing their own panels and expands an existing Dominion Energy program.