Browsing: Commonwealth Wind
The company has warned the contracts can no longer finance the project
The developers of the two offshore wind farms claimed the contracts made the projects unviable
The Avangrid project is made of two phases, Park City and Commonwealth Wind
The company aims to re-bid in Massachusetts’s fourth solicitation in April next year
State authorities had called on developer to continue discussions or move for dismissal of the off-take deal
Developer Avangrid has until Monday 14 November to decide on the project’s future
Avangrid warned that global conditions made its 1.2GW unviable
Operation dates for Avangrid projects now 2027 and 2028 respectively
The company has filed for a one-month suspension to review how to move the project forward
US President was joined by Iberdrola CEO and Avangrid Chairman Ignacio Galán at Brayton Point in MA