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April 23, 2024
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Avangrid Avoids Major Offshore Wind Losses
Year-end Earnings Report Notes Vineyard Wind Progress
A turbine stands at the Vineyard Wind project south of Martha’s Vineyard, Massachusetts.
A turbine stands at the Vineyard Wind project south of Martha’s Vineyard, Massachusetts. | Worldview Films
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Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
Company NewsCompany NewsISO-NEOffshore Wind Power