PARETO Dominion Energy (NYSE:D) said Monday it agreed to acquire the Kitty Hawk North Wind offshore wind lease area from Avangrid (AGR) for ~$160M, consisting of a $117M lease acquisition payment and associated development cost reimbursement. The 40K-acre lease, which Dominion (D) will renam CVOW-South, could support 800 MW ofContinue Reading
PARETO The U.S. Interior Department said Tuesday it approved the proposed Atlantic Shores wind farm offshore New Jersey, to be developed by a joint venture between Shell (NYSE:SHEL) and EDF Renewables. The Atlantic Shores South project is expected to generate up to 2,800 MW of electricity, enough to power nearlyContinue Reading
PARETO/E+ via Getty Images Avangrid (NYSE:AGR) said Monday it received full federal approval for the construction and operations of the New England Wind 1 and 2 offshore projects by the U.S. Bureau of Ocean Energy Management. The approval will permit the construction and operation of two offshore wind energy facilities,Continue Reading
jotily Enbridge (NYSE:ENB) and the Six Nations Energy Development consortium unveiled plans Monday to develop a wind energy project in Saskatchewan, supported partly by loan guarantees of up to $100M from the Saskatchewan Indigenous Investment Finance Corporation. The Seven Stars Energy Project, to be developed, constructed and operated by EnbridgeContinue Reading
