Avangrid Renewables has released a statement on the finalization of the Bureau of Ocean Energy Management’s (BOEM) offshore lease. The lease allows for the formal process of studying Kitty Hawk, an area which consists of 122,000 acres off the coast of North Carolina. Although, still in the early stages of development, Avangrid Renewables will explore the opportunity to develop clean and reliable energy.
Avangrid Renewables is set to study the feasibility of developing clean and reliable energy with the finalization of a lease for a 122,000-acre area off the coast of North Carolina.
Laura Beane, CEO & President of Avangrid Renewables, issued the following statement:
“We are very excited to take this important next step as we help move the U.S. offshore wind industry forward. Executing this lease with the U.S. Bureau of Ocean Energy Management (BOEM) not only begins the formal process of studying these 122,000 acres in more detail, it means building long-term local and regional partnerships as we explore the opportunity to develop reliable, homegrown, clean energy using just the ocean breezes as fuel.
Even at this very early stage, we have a lot of work to do as we seek to better comprehend a number of variables that will inform our understanding of the wind farm development. That process will take time, is highly technical, and will involve many stakeholders, but we are confident in our ability to leverage our experience in order to deliver a competitively priced product to our eventual customers.
We are grateful for the work BOEM and the Department of the Interior have done to screen this site and conduct the selection process.
As the first company to bring wind energy to North Carolina, and with a track record of developing and operating renewable wind and solar plants from coast to coast, we’re excited to extend that expertise into the waters off North Carolina. We’ll bring to bear the substantial experience of our majority shareholder, Iberdrola Group, who develops, builds, and operates offshore wind in Europe. Now we get to work undertaking an enormous task in bringing this project to fruition, but confident in its completion.”
Filed Under: News, Offshore wind, Projects
