Dominion Energy Announces Agreement to Acquire Offshore Wind Lease From Avangrid For Potential Future Regulated Generation Development [Yahoo! Finance]
Avangrid, Inc. (AGR)
Last avangrid, inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
avangrid.com/wps/portal/avangrid/investors/investors
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Source: Yahoo! Finance
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 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 per acre for the nearly 40,000-acre lease. If approved by regulators and constructed, C
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AGR
News
- Avangrid Selected to Build Transmission Lines in $425M Deal With DOE [Yahoo! Finance]Yahoo! Finance
- Avangrid Bolsters Government and Regulatory Affairs Teams to Strengthen Stakeholder Engagement and Enhance Customer Outcomes [Yahoo! Finance]Yahoo! Finance
- Avangrid Bolsters Government and Regulatory Affairs Teams to Strengthen Stakeholder Engagement and Enhance Customer OutcomesBusiness Wire
- Avangrid Awarded $425M Federal Capacity Contract for Maine Transmission ProjectBusiness Wire
- TXNM Energy rated Buy at Jefferies as discounted valuation too steep to ignore [Seeking Alpha]Seeking Alpha
AGR
Earnings
- 7/23/24 - Beat
AGR
Sec Filings
- 9/26/24 - Form 8-K
- 9/19/24 - Form 8-K
- 9/18/24 - Form 8-K
- AGR's page on the SEC website