Commonwealth Wind will stay the course with offshore project proposed to land in Barnstable

Taking its cue from the steady winds that blow off the coast of Massachusetts, Avangrid Renewables is steadying the course on its Commonwealth Wind...

November 25, 2022
4:58 AM

Taking its cue from the steady winds that blow off the coast of Massachusetts, Avangrid Renewables is steadying the course on its Commonwealth Wind project in spite of financial turbulence stirred up by the current national and global economic climate.Late last month the company, which is also a partner to the Vineyard Wind project, asked the state Department of Public Utilities to delay action for a month on its power purchase agreements negotiated earlier this year with the state's utility companies — Eversource, National Grid and Unitil — so that it could pursue renegotiated prices.

Heather McCarron