Vineyard Wind 1 — 800 MW (84 turbines), 15 mi south of Martha's Vineyard MA
First major offshore wind project approved in US federal waters by Biden Administration. Joint Record of Decision signed by BOEM, USACE, NMFS. Set up Sept 15, 2021 financial close ($2.3B).
Federal approval (no value)
Deal Value
800MW
Capacity
Offshore Wind
Technology
MA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Avangrid Renewables (50%) + Copenhagen Infrastructure Partners (50%)
- Buyer / Financier
- MA EDCs
- Offtaker
- MA EDCs
- Deal Value
- Federal approval (no value)
- Stage
- Development
- ISO/RTO
- ISO-NE
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