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Home » News » Wind Energy » Avangrid Sells Kitty Hawk North Offshore Wind Lease to Dominion Energy
Wind Energy

Avangrid Sells Kitty Hawk North Offshore Wind Lease to Dominion Energy

By James RichardOctober 25, 20241 Min Read
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Credit: Avangrid
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Avangrid has finalized the sale of the Kitty Hawk North offshore wind lease area, located off the U.S. East Coast, to Dominion Energy for approximately $160 million. The agreement includes the lease area, which spans nearly 40,000 acres, at a price of about $3,000 per acre. The sale price comprises a lease acquisition payment of

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Acquisition AVANGRID Dominion Energy North Carolina United States Virginia Wind
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