Advangrid acquires big stake in Massachusetts offshore wind project with Vineyard Wind

By Paul Dvorak Partnership combines global experience, strategic expertise, and deep financial backing
Avangrid Renewables and Vineyard Wind have formed a strategic partnership to jointly develop a large scale wind energy project off the coast of Massachusetts. Avangrid Renewables is acquiring a 50% ownership interest in Vineyard Wind, the offshore wind energy developer that is part of the Copenhagen Infrastructure Partners (CIP) portfolio.
A scene of this sort will be visible off the coast of Massachusetts by 2020.
The companies say this is a major strategic partnership that combines Avangrid Renewables’ U.S. onshore wind development capabilities with Copenhagen Infrastructure Partners and Iberdrola’s European offshore wind

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