Vineyard Wind Becomes First U.S. Commercial-Scale Offshore Wind Farm to Reach Financial Close

Vineyard Wind, a joint venture between Avangrid Renewables subsidiary and Copenhagen Infrastructure Partners (CIP), has achieved financial close for the company’s first project. Working with nine international and U.S.-based banks, $2.3 billion of senior debt has been raised to finance the … Read More

800-MW Vineyard Wind offshore project will be union-built

Vineyard Wind entered a project labor agreement (PLA) with Massachusetts Building Trades and local union affiliates for the construction of Vinyard Wind 1, an 800-MW offshore wind project, later this year. Copyright: Matthias Ibeler. “We are proud to work with … Read More