Avangrid has entered into an operations and management agreement for Vineyard Wind 1, an 800-MW offshore wind project owned in a 50-50 joint venture between Avangrid and Copenhagen Infrastructure Partners, which is currently under construction off the coast of Massachusetts.
“Avangrid is proud to pioneer the offshore wind industry in the United States, and by leveraging the global experience of the Ibedrola group and a skilled and talented local workforce, we are well positioned to maximize the operation and performance of the historic, nation-leading Vineyard Wind 1 project,” said Pedro Azagra, CEO of Avangrid. “Offshore wind represents a tremendous opportunity to advance the United States’ ambitious climate goals, and the completion and successful operation of Vineyard Wind 1 will lay the groundwork for the continued growth of the industry in the decades to come, including Avangrid’s robust 4.9-GW project pipeline.”
The agreements include the O&M and asset management agreement. Through these agreements, Avangrid will provide services to the Vineyard Wind project and be the lead for the operations management of the wind farm, including the supervision of critical tasks such as turbine, cable and substation maintenance, coordination of contractors, 24/7 control center services, trading, and assets management. Avangrid will hire approximately 20 technically qualified employees, including key roles that will receive intensive training overseas through Iberdrola’s operational offshore wind farms in the United Kingdom and Europe, helping to prepare them to knowledgeably operate the groundbreaking U.S. facility. Vineyard Wind 1 is scheduled to begin delivering clean energy to Massachusetts in 2023 and achieve commercial operations in 2024.
News item from Avangrid
Filed Under: News
