Iberdrola, through Avangrid, its subsidiary in the USA, has been awarded a 791 MW contract to build the New England Wind 1 offshore wind farm.
The project will create more than 4,400 full-time equivalent jobs and bring $3 billion of local investment to the region, including a new marshalling port in Salem, Massachusetts, and a new offshore wind manufacturing facility in New Bedford, Massachusetts. If a power purchase agreement is signed and approved, then the project can begin construction in 2025 and reach full commercial operation in 2029. New England 1 will border Vineyard Wind 1, currently under construction 15 miles south of Martha’s Vineyard.
