Avangrid and Shell–Ocean Winds face $60m in fines for nixed Massachusetts projects

By National Wind Watch But will be allowed to rebid. Massachusetts developers may face fines of up to $60m for withdrawing projects but will still likely be allowed to bid into the state’s upcoming round 4 offshore wind solicitation, the chair of the legislature’s telecommunications, utilities and energy committee said. Developers seeking to kill projects will pay “to the tune of $48m to $60m … in penalties in order to terminate these contracts,” said legislator Jeffrey Roy of the Massachusetts House of Representatives. “I . . .

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