However, the counterparties have not yet completed their contract negotiations and are now targeting the completion on or before 30 June, according to a letter sent by the Electric Distribution Companies to the Massachusetts Department of Public Utilities.
The filing of contracts is now targeted for on or before 25 August.
In January 2025, the US Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for the 2.4 GW SouthCoast Wind offshore wind project.
Regarding Avangrid’s New England Wind 1 , the project is located in the federal lease area OCS-A-0534, approximately 30 miles south of Barnstable, Massachusetts. The wind farm is expected to produce enough renewable energy to power approximately 400,000 homes.
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