Dominion Energy Announces Agreement to Acquire Offshore Wind Lease From Avangrid For Potential Future Regulated Generation Development
Dominion Energy Announces Agreement to Acquire Offshore Wind Lease From Avangrid For Potential Future Regulated Generation Development
- 40,000-acre lease, currently known as Kitty Hawk North Wind, will be renamed CVOW-South and could support 800 MW of offshore wind generation capacity in the 2030s
- Acquisition provides optionality to deploy additional regulated offshore wind generation to serve unprecedented electric demand growth using all-of-the-above approach supportive of goals of Virginia Clean Economy Act
- Transaction value of ~$160 million consists of lease acquisition ($117 million) and associated development cost reimbursement ($43 million) to Avangrid; transaction expected to close in fourth quarter of 2024
- No change to 2024-2029 capital plan provided at March 1, 2024, investor day
- 40000英亩的租赁,目前被称为Kitty Hawk North Wind,将被更名为CVOW-South,并有望在2030年代支持达到800兆瓦的海上风能发电能力。
- 收购提供具备部署额外监管海上风能发电的选择,以应对强劲的电力需求增长,使用支持弗吉尼亚清洁经济法案目标的多元化方法。
- 交易价值约为1.6亿美元,包括租赁收购(1.17亿美元)和相关开发成本的4.3亿美元用于Avangrid的补偿;该交易预计于2024年第四季度完成。
- 在2024年3月1日投资者日提供的2024-2029年资本计划没有变化。
RICHMOND, Va., July 8, 2024 /PRNewswire/ -- Virginia Electric and Power Company, a wholly owned subsidiary of Dominion Energy, Inc. (NYSE: D), today announced that it has agreed to acquire the Kitty Hawk North Wind offshore wind lease and associated developments, which will be known as CVOW-South, from Avangrid, Inc. (NYSE: AGR), for approximately $160 million, inclusive of a payment of about $3,000 per acre for the nearly 40,000-acre lease.
弗吉尼亚电力公司,Dominion Energy,Inc.的全资子公司(NYSE:D),于2024年7月8日/美通社 -- 弗吉尼亚电力公司宣布,公司已同意从Avangrid,Inc.(NYSE:AGR)收购Kitty Hawk North Wind海上风电租赁和相关开发,该租赁将被称为CVOW-South,收购价格约为1.6亿美元,其中近40,000英亩租赁每英亩支付约3000美元。
If approved by regulators and constructed, CVOW-South would have a capacity of 800 MW, enough capacity to serve 200,000 homes and businesses, and the project would connect to the company's transmission grid. The company does not have detailed cost or in-service date estimates at this time. Such estimates would be developed during future development phases.
如果得到监管机构批准并进行建设,CVOW-South将有800兆瓦的容量,足够服务20万个家庭和企业,并将连接至公司的输电网。目前公司没有详细的费用或投运日期估计,这样的估计将在未来的开发阶段中得出。
Robert M. Blue, chair, president and chief executive officer of Dominion Energy, said:
Dominion Energy的主席、总裁兼首席执行官Robert M. Blue表示:
"With electric demand in our Virginia territory projected to double in the next 13 years, Dominion Energy is securing access to power generation resources that ensure we continue to provide the reliable, affordable, and increasingly clean energy that powers our customers every day. This transaction gives our company another potential option to meet that growing demand in a size and on a timeframe that is consistent with the regulated business mix, credit, and risk profile objectives of the recently concluded business review.
"随着我们弗吉尼亚领土内的电力需求预计在未来13年翻倍,Dominion Energy正在确保获得能源发电资源,以确保我们继续提供可靠、经济、越来越清洁的能源,为每天为我们客户提供动力。这项交易为我们的公司提供了另一个可能的选择,以在规定的商业混合、信贷和风险概况目标的范围内,在一定的规模和时间框架内满足不断增长的需求。
"It also allows us to leverage the unique expertise we've gained during the very successful development and construction to date of the Coastal Virginia Offshore Wind (CVOW) commercial project, which reduces project risk to the benefit of customers and shareholders. 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."
"这也允许我们利用我们在Coastal Virginia Offshore Wind (CVOW)商业项目的非常成功的开发和建设中获得的独特专业知识,减少项目风险,从而使客户和股东受益。弗吉尼亚监管海上风电开发模式正在证明成为按期、按预算和相对价值出色的海上风电发电机的实现者,是我们将继续追求任何未来海上风电开发所采取的模式。"
Virginia Electric and Power Company is constructing the 2.6-GW CVOW, located about 25 miles north of the CVOW-South lease. CVOW continues to be on-time and on-budget with in-service expected by the end of 2026. To date, 25 monopiles have been installed since the installation campaign began on May 22, 2024, consistent with the company's target of 70-100 monopiles during the first of two installation seasons that run through the end of October.
弗吉尼亚电力公司正在建设位于CVOW-South租赁以北约25英里处的2.6GW CVOW,CVOW目前正在按计划进行,预计将于2026年底投运。自从安装工作于2024年5月22日开始以来,已安装了25个单桩柱,符合公司在第一个由两个安装季节组成的安装季节中的70-100个单桩柱的目标。
The company is aware of the community concerns regarding the proposed landing site in Sandbridge, Va., and is committed to working closely with the community, the Commonwealth of Virginia, and the City of Virginia Beach as it considers this project.
公司意识到社区对位于Sandbridge,VA的拟议着陆地点的关切,并致力于与社区、弗吉尼亚联邦和弗吉尼亚海滩市密切合作,以考虑此项目。
After receipt of necessary approvals from the Bureau of Ocean Energy Management and the City of Virginia Beach, Dominion Energy and Avangrid expect to close the transaction in the fourth quarter of 2024.
在获得来自海洋能源管理局和弗吉尼亚海滩市的必要批准后,Dominion Energy和Avangrid预计于2024年第四季度完成交易。
About Dominion Energy
More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more.
关于Dominion Energy
位于维吉尼亚州里士满的Dominion Energy (NYSE:D) 为13个美国州的450万客户提供电力或电力/天然气混合供应。该公司致力于为客户提供可靠、负担得起的、日益清洁的能源,并在2050年实现净零排放。请访问 DominionEnergy.com 了解更多信息。
Forward-Looking Language
This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to the anticipated completion of the CVOW commercial project and closing of the acquisition, and future capacity, of CVOW-South, which are subject to various risks and uncertainties. Factors that could cause actual results to differ from expectations include, but are not limited to, the ability to obtain or maintain the effectiveness of required regulatory approvals or other consents or approvals, the ability, in the case of CVOW-South, to satisfy other conditions to closing, timely performance by third parties under existing or future contracts, or the occurrence of severe weather events, as well as other factors detailed from time to time in the reports the company files with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023. Any forward-looking statements in this release speak only as of the date of this release, and the company assumes no obligation to provide any revisions to, or update, these statements after the date of this release.
前瞻性语言
本发布涉及某些前瞻性声明,涉及CVOW商业项目的预计完成和CVOW-South的关闭和未来的装机容量,可能受到各种风险和不确定因素的影响。这些因素包括但不限于能否获得或维持所需的监管批准或其他同意或批准,能否满足CVOW-South的其他关闭条件,高效履行现有或未来合同的第三方,或发生严重天气事件,以及该公司不时在提交给证券交易委员会的报告中详细说明的其他因素,包括其截至2023年12月31日的年度报告(表格10-k)。本发布中的任何前瞻性声明仅于本发布之日说出,公司不承担任何修订或更新这些声明的义务,除非法律要求。
SOURCE Dominion Energy
来源于Dominion能源