Developer of 1,200 MW offshore wind farm asks Massachusetts regulators to dismiss PPAs
12.19.2022
The developer of Commonwealth Wind in Massachusetts asked state regulators to dismiss their review of power purchase agreements tied to the 1,223 MW offshore wind farm.
Avangrid has cited economic conditions such as supply chain disruptions, inflation, rising interest rates and cost increases for offshore wind equipment. The company said the project “cannot be financed and built under the current PPAs.”