Avangrid is “focused on defeating” a ballot referendum designed to halt construction of the NECEC transmission line, CEO Dennis Arriola said.

Developers still face challenges to finance offshore wind projects, but lenders are eager to get involved, speakers told the ACPA's OSW conference.

Avangrid Renewables and Copenhagen Infrastructure Partners will continue to co-develop the 800-MW Vineyard Wind 1 project.

Avangrid said it expects the Park City offshore wind project to begin commercial operations in 2026 instead of the 2025 date it previously announced.

North Carolina Gov. Roy Cooper called for 2.8 GW of offshore wind by 2030 and 8 GW by 2040, citing clean energy goals, economic development opportunities.

The Biden administration’s climate goals and a new investment tax credit has U.S. offshore wind developers and prospective lenders bullish about the future.

A new report released by North Carolina Department of Commerce maps out how the state can become an offshore wind manufacturing hub.