July 10, 2017 / 4:21 PM / a month ago

BRIEF-Dominion Energy signs agreement with DONG Energy to build turbines off coast of Virginia Beach

July 10 (Reuters) - Dominion Energy Inc:

* Dominion Energy moving forward on offshore wind project with global market leader DONG Energy as partner

* Two companies will now begin refining agreements for engineering, procurement and construction

* Signed agreement and strategic partnership with DONG Energy of Denmark, to build two 6-megawatt turbines off coast of Virginia Beach

* Dominion Energy remains sole owner of offshore wind project

* Companies signed MoU which gives DONG Energy exclusive rights to discuss a "strategic" partnership with Dominion Energy

* Engineering, development work on newly named coastal Virginia offshore wind project is expected to begin immediately by DONG Energy

* Targeted installation by end of 2020 for newly named coastal Virginia offshore wind project Source text for Eikon: Further company coverage:

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