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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