Powering Up the Future: Dominion Energy Acquires Lease for 800 MW Offshore Wind Project
Powering Up the Future: Dominion Energy Acquires Lease for 800 MW Offshore Wind Project
Dominion Energy, Inc.'s (NYSE:D) subsidiary Virginia Electric and Power Company agreed to acquire the Kitty Hawk North Wind offshore wind lease and associated developments (known as CVOW-South) from Avangrid, Inc. (NYSE:AGR) for $160 million.
Dominion Energy, Inc.（NYSE：D）的子公司Virginia Electric and Power Company同意從avangrid以1.6億美元的價格收購海風租賃項目Kitty Hawk North Wind以及相關開發項目（稱爲CVOW-South）。
The transaction value comprises $117 million for the lease acquisition and $43 million for related development cost reimbursement to Avangrid.
交易價格包括1.17億美元的租賃收購和4300萬美元的相關開發成本返還給avangrid。
Notably, the acquisition includes a payment of approximately $3,000 per acre for the nearly 40,000-acre lease.
值得注意的是，該收購包括近40,000英畝租賃的每英畝約3000美元的支付。
CVOW-South is projected to generate 800 MW of offshore wind generation capacity by the 2030s, providing electricity for 200,000 homes and businesses.
CVOW-South預計到2030年代將產生800兆瓦的海上風電發電能力，爲20萬個家庭和企業提供電力。
Virginia Electric and Power Company is constructing the 2.6-GW CVOW project, which is located 25 miles north of the CVOW-South lease.
Virginia Electric and Power Company正在建設2.6吉瓦的CVOW項目，該項目位於CVOW-South租約北25英里處。
The project is on track for completion by late 2026. Since May 22, 2024, 25 monopiles have been installed, and 70-100 monopiles are aimed for by the end of October.
該項目計劃於2026年末竣工。自2024年5月22日以來，已安裝了25個單樁，計劃在10月底前安裝70-100個單樁。
Dominion Energy and Avangrid anticipate closing the transaction in the fourth quarter of 2024, pending approvals from the Bureau of Ocean Energy Management and the City of Virginia Beach.
Dominion Energy和avangrid預計將在第四季度完成交易，待海洋能源管理局和維吉尼亞海灘市批准。
Robert M. Blue, chair, president and chief executive officer of Dominion Energy, said, "The Virginia model for regulated offshore wind development is proving to be an enabler of on-time and on-budget wind generation at exceptional relative value for our customers and is the model we would intend to pursue for any future offshore wind development."
Dominion Energy的chair、總裁兼首席執行官Robert m. Blue說：“維吉尼亞監管的離岸風電開發模式正證明能夠實現按期、按預算建設風電發電，爲我們的客戶提供非常相對價值的模式，並且這也是我們將追求任何未來的離岸風電開發的模式。”
As of March-end, Dominion Energy had cash and cash equivalents of $265 million.
截至3月底，Dominion Energy的現金及現金等價物爲2.65億美元。
Investors can gain exposure to the stock via BNY Mellon ETF Trust BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) and and WBI Power Factor High Dividend ETF (NYSE:WBIY).
投資者可以通過BNY Mellon ETF Trust BNY Mellon Global Infrastructure Income ETF（BATS:BKGI）和wbi power factor high dividend etf（NYSE：WBIY）獲得該股票的持股。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
Price Action: D shares are up 0.20% at $49.43 premarket at the last check Tuesday.
據最後一次檢查，D股票在盤前上漲0.20%，報49.43美元。
Photo via Shutterstock
圖片來自shutterstock。