Dominion Energy, Inc. (NYSE:D) entered in an agreement to acquire Kitty Hawk North Offshore Lease Area from Avangrid, Inc. (NYSE:AGR) for $160 million on July 8, 2024. The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid, Inc. (NYSE:AGR).

Dominion Energy, Inc. (NYSE:D) completed the acquisition of Kitty Hawk North Offshore Lease Area from Avangrid, Inc. (NYSE:AGR) on October 24, 2024.