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Completion of federal review represents critical step in permitting for lease area with potential to provide approximately 2 Gigawatts of clean, reliable power to the region
Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has received the federal Record of Decision (ROD) 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 (COP) 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.
Posted In: AGR
