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December 8, 2024
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Avangrid, Utilities Reach Deal to Cancel Commonwealth Wind PPAs
Developer Has Said It Wants to Rebid Mass. OSW Project at Higher Cost
Avangrid has reached a deal to back out of its power purchase agreements with three New England utilities for the Commonwealth Wind project proposed off the Massachusetts coast.
Avangrid has reached a deal to back out of its power purchase agreements with three New England utilities for the Commonwealth Wind project proposed off the Massachusetts coast. | Shutterstock
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Avangrid and three utilities reached $48 million deal to end the PPAs for the Commonwealth Wind project.
Company NewsMassachusettsOffshore Wind Power