Oct 24 (Reuters) - Avangrid AGR.N, part of the Iberdrola Group, has completed the sale of its Kitty Hawk North offshore wind lease to Dominion Energy D.N at $160 million, the company said on Thursday.
The lease covers Avangrid's nearly 40,000-acre Kitty Hawk North wind farm proposed more than 36 miles (57.94 km) from Virginia Beach, Virginia, and associated assets. The sale includes a lease acquisition payment of $117 million and reimbursement of associated development costs to Avangrid.
Avangrid retains ownership of the Kitty Hawk South lease, continuing its development to potentially deliver up to 2.4 gigawatts of power to North Carolina, Virginia and other states.
(Reporting by Anmol Choubey in Bengaluru; Editing by Richard Chang)
((anmol.choubey@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。