Dominion Energy (D) announced that its subsidiary, Virginia Electric and Power Company, 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. (AGR) for nearly $160 million. This is inclusive of a payment of about$3,000 per acre for the nearly 40,000-acre lease.After receiving the necessary approvals from the Bureau of Ocean Energy Management and the City of Virginia Beach, both companies expect to close the tr ...