Item 7.01. Regulation FD Disclosure.
Mountain Valley Pipeline
Following a comprehensive review of all outstanding stream and wetland crossings
across the approximately 300-mile project route for the Mountain Valley Pipeline
(MVP), on
There are pending legal and regulatory challenges to or otherwise affecting
certain aspects of the MVP project that must be resolved before the project can
be completed, and the MVP Joint Venture is working to resolve these challenges.
In order to complete the project in accordance with the targeted full in-service
date and cost, the MVP Joint Venture must, among other things: (i) timely
receive the Army Corps Individual Permit, which will require Section 401 water
quality certification approvals or waivers from each of the
The foregoing description of the Announcement is not complete and is qualified
in its entirety by reference to the full text of the letter from
The information in this Item 7.01 of this Current Report shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (Exchange Act), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (Securities Act), or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
CAUTIONARY STATEMENTS
Disclosures in this Current Report contain certain forward-looking statements
within the meaning of Section 21E of the Exchange Act and Section 27A of the
Securities Act. Statements that do not relate strictly to historical or current
facts are forward-looking. Without limiting the generality of the foregoing,
forward-looking statements contained in this Current Report specifically include
the expectations of plans, strategies, objectives, and growth and anticipated
financial and operational performance of the Company and its affiliates,
including guidance regarding the targeted cost, nature and timing of regulatory
approvals and authorizations; and final design and targeted in-service date of
the MVP project. These statements involve risks and uncertainties that could
cause actual results to differ materially from projected results. Accordingly,
investors should not place undue reliance on forward-looking statements as a
prediction of actual results. The Company has based these forward-looking
statements on current expectations and assumptions about future events. While
the Company considers these expectations and assumptions to be reasonable, they
are inherently subject to significant business, economic, competitive,
regulatory and other risks and uncertainties, many of which are difficult to
predict and beyond the Company's control. The risks and uncertainties that may
affect the operations, performance and results of the Company's businesses and
forward-looking statements include, but are not limited to, those set forth
under Item 1A, "Risk Factors" in the Company's Annual Report on Form 10-K for
the year ended
All forward-looking statements speak only as of the date they are made and are based on information available at that time. The Company assumes no obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Letter fromMountain Valley Pipeline, LLC to theArmy Corps ,FERC et al., datedJanuary 26, 2021 . 104 Cover Page Interactive Data File-the cover page XBRL tags are embedded within the Inline XBRL document
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