The Federal Energy Regulatory Commission has reversed its own 2018 ruling and now says that New York environmental regulators waived their right to reject the 124-mile Constitution Pipeline, which could clear the way for construction on the project to begin.
The project’s partners, which include 24 percent-owner Duke Energy Corp. (NYSE: DUK), now expect the pipeline to be completed and in service by the end of 2021. The current FERC certificate calls for completion by December 2020, but the partners…