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AVANGRID Takes Over Operations of Vineyard Wind 1

AVANGRID, an Iberdrola Group company, has signed an agreement to assume responsibility as the operations and management services provider for Vineyard Wind 1, the first commercial-scale offshore wind project in the United States.

The contract includes an operation and maintenance service contract and an asset management contract, and designates AVANGRID as the party responsible for overseeing the operation and management of the facility after construction is completed and commercial operation commences. . Through these contracts, AVANGRID will provide services for his Vineyard Wind projects, including oversight of critical tasks such as turbine, cable and substation maintenance, contractor coordination and a 24/7 control center. Lead the operational management of wind farms. Services, Transactions, and Asset Management.

AVANGRID employs about 20 technically qualified employees. This includes a key role in receiving intensive training overseas through Iberdola’s operational offshore wind farms in the UK and Europe, to knowledgeably operate a ground-breaking US facility. Help prepare.

Vineyard Wind 1 will begin supplying clean energy to Massachusetts in 2023 and is expected to begin commercial operation in 2024.

“AVANGRID is proud to be a pioneer in the U.S. offshore wind industry.By leveraging the IBERDROLA Group’s global experience and skilled and talented local workforce, we are We are well-positioned to maximize the operation and performance of wind farms in the Vineyard Wind 1 project,” said Pedro Azagra, CEO of AVANGRID. “Offshore wind represents a tremendous opportunity to advance America’s ambitious climate goals, and the completion and successful operation of Vineyard Wind 1, including AVANGRID’s robust 4.9 GW project, will serve as a catalyst for decades to come.” It will lay the groundwork for the industry’s continued growth in the pipeline.”

In January 2022, AVANGRID announced the completion of the restructuring of its existing Vineyard Wind joint venture, making it New England’s largest offshore wind supplier.

Located 15 miles off Martha’s Vineyard, Vineyard Wind 1 will be the first commercial-scale offshore wind farm in the United States. With a capacity of 800 megawatts (MW), the project will power more than 400,000 homes. The project is jointly owned by AVANGRID and Copenhagen Infrastructure Partners (CIP) funds CI II and CI III.

In total, AVANGRID is planning 5 gigawatts (GW) of offshore wind pipelines on the US East Coast, enough to power over 2 million homes. AVANGRID has a 50% stake in the country’s first Vineyard Wind 1 project (800 MW in total), plus Commonwealth Wind (1200 MW in Massachusetts), Park City Wind (804 MW in Connecticut) and Kitty Hawk Wind (2500 MW off North Carolina).

Among IBERDROLA’s global renewable energy pipeline totaling 90 GW, offshore wind is one of the group’s core growth opportunities. Last year, IBERDROLA invested in new growth platforms in other countries such as Poland, Sweden, Ireland, Japan and Australia, increasing the size of the group’s global offshore wind portfolio to 31.7 GW.

https://www.oedigital.com/news/498500-avangrid-to-take-over-vineyard-wind-1-operations AVANGRID Takes Over Operations of Vineyard Wind 1

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