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    Ground Broken On Vineyard Wind I Offshore Wind Project In The US


    November 23, 2021 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Ground Broken On Vineyard Wind I Offshore Wind Project In The US

      • 23 Nov 2021
      • United States
      • Infrastructure

      News: Vineyard Wind, a 50-50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners, has broken ground on the 800MW Vineyard Wind I offshore wind project in the US. The offshore wind facility, which will be located off the coast of Martha's Vineyard and Nantucket, will feature 62-units of GE Renewable Energy's Haliade-X 13MW turbines. In September 2021, the developers secured USD2.3bn senior debt financing to reach financial close. Offshore construction works are likely to start in 2022, with operations expected to begin in 2023 (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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