Share: Project to generate $2 billion in economic impact and nearly 800 jobs in Virginia and North Carolina during construction. Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE:AGR), a leading developer of onshore and offshore wind in the U.S., submitted a Construction and Operations Plan (COP) to the federal Bureau of Ocean Energy Management (BOEM) on Friday, December 11 th for the first phase of the company's wholly owned Kitty Hawk Offshore Wind project. The COP also includes the findings from an economic impact study (EIS), conducted by the Public Strategy Group, which anticipates substantial economic and employment benefits to result from the construction of Kitty Hawk Offshore Wind's multiple phases between 2021 and 2030.