📋 Tender Overview
Scope : To Set up 791MW New England Wind 1 Offshore Project in the United States.
Avangrid has secured federal approval for the construction and operations plan for its New England Wind 1 offshore project in the US.
The approval follows the favourable record of decision issued by the US national administration in April 2024 and largely completes the necessary permitting process.
This marks a significant step towards the realisation of the 791MW New England Wind 1 project, which will deliver clean energy to 64,000 homes and businesses in Massachusetts.
Avangrid, part of the Iberdrola Group, has not disclosed specific investment details for the project.
The New England Wind 1 project will create thousands of jobs and supply clean energy to one million homes and businesses.
On 27 March 2024, Avangrid submitted proposal for the New England Wind project to a multi-state procurement initiative, with project selections to be announced in August 2024.
New England Wind 1 is the sole project in the solicitation that possesses all federal, state and local permits. It will begin construction in 2025 and power delivery by 2029.
The company anticipates a final letter of authorisation from the National Marine Fisheries Service by 22 July 2024.
Located 30 miles south of Barnstable, Massachusetts, New England Wind 1 is strategically positioned next to the Vineyard Wind 1 project and will significantly reduce carbon emissions.
Avangrid has established agreements to supply offshore wind energy to the city of Boston and 20 municipal electric companies in Massachusetts.
By securing all federal, state, regional and local permits, New England Wind 1 has the potential to put shovels in the ground next year and deliver thousands of jobs, local investment and clean energy before the end of the decade