tiprankstipranks
Avangrid receives federal Record of Decision for New England Wind
The Fly

Avangrid receives federal Record of Decision for New England Wind

Avangrid announced that it has received the federal Record of Decision from the Department of the Interior for New England Wind. The ROD represents a significant permitting milestone that brings the lease area closer to full federal approval for construction, with the Construction and Operations Plan Approval anticipated for July 2024. Issuance of the ROD by the Department of the Interior comes after years of robust stakeholder engagement with Tribal Nations, members of local residential and fishing communities, and other ocean users. New England Wind, consisting of the New England Wind 1 and New England Wind 2 projects, has the potential to create thousands of jobs and provide enough clean, reliable energy to power nearly 1 million homes and businesses in the region. As the leading offshore wind developer in the United States, Avangrid is spearheading the development of the first-in-the-nation Vineyard Wind 1 project, currently under construction and delivering clean, reliable power to 30,000 homes and businesses in Massachusetts.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles