VIRGINIA ELECTRIC & POWER CO 8-K

What Happened
On January 16, 2026, the U.S. District Court for the Eastern District of Virginia granted Virginia Electric & Power Company’s request for a preliminary injunction in response to the Bureau of Ocean Energy Management (BOEM) Director’s Order dated December 22, 2025 that had suspended work on the Coastal Virginia Offshore Wind (CVOW) project for 90 days. Dominion Energy, Inc., the Company’s parent, issued a press release about the court action (furnished as Exhibit 99.1). As a result of the injunction, work on CVOW will resume while the Company’s lawsuit challenging BOEM’s action continues.

Key Details

• Court action date: January 16, 2026 — preliminary injunction granted by the U.S. District Court for the Eastern District of Virginia.
• BOEM action referenced: Director’s Order dated December 22, 2025 that directed OSW Project LLC to suspend CVOW activities for 90 days.
• Company stake: Virginia Electric & Power Company holds 50% of the membership interests in OSW Project LLC (the entity affected by the BOEM Order).
• Disclosure: Dominion Energy furnished a press release about the injunction as Exhibit 99.1 to the 8-K.

Why It Matters
The injunction removes the immediate BOEM-ordered pause and allows CVOW work to continue while the legal challenge proceeds, reducing near-term operational interruption for the project. For investors, this affects the regulatory and litigation status of a material offshore wind project in which the Company has a 50% interest; continued work may influence project timing, costs and future disclosures as the case develops. The filing is a Regulation FD disclosure and does not provide financial results or forecasts.