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'Cannot be financed and built': Company behind big offshore wind energy appeals DPU approval

Commonwealth Wind parent company Avangrid has said for months that increases in commodity prices, rising interest rates and supply shortages mean that its 1,200 megawatt renewable energy project "cannot be financed and built" under the terms of the original contracts, which the wind developers and utility companies agreed to in May.
United States Craig Gilvarg Healey Driscoll Administration Department Of Public Utilities Department Of Public Utilitie Public Utilitie
Source: wbur.org

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Massachusetts DPU Approves Offshore Wind Power Supply Contracts, Including PPAs for Avangrid's Commonwealth Wind

The Massachusetts Department of Public Utilities (DPU) wrapped up 2022 by issuing several new orders, among them also an order approving the power purchase agreements (PPAs) for Mayflower Wind and Commonwealth Wind projects, although Avangrid filed a motion to dismiss the proceedings for the latter in mid-December, with plans to re-apply at the upcoming state offshore wind solicitation.
United States Edcs Eversource Avangrid Ppas Supreme Judicial Court Massachusetts Department Of Public Utilities National Grid

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