Iberdrola is arming itself for the battle for the coming American offshore wind market. Via its US subsidiary Avangrid, the Spanish energy company has bought into Copenhagen Infrastructure Partner's (CIP) project Vineyard Wind. With the deal, the two partners each own half of the 675 km2 area beyond the coast of Massachusetts, announced the two parties.
"This is a major strategic partnership that combines Avangrid Renewables' US onshore wind development capabilities with Copenhagen Infrastructure Partners and Iberdrola's European offshore wind expertise to give Vineyard Wind a significant advantage in building Massachusetts' first offshore wind project," said Lars Thaaning Pedersen, co-CEO of Copenhagen Offshore Partners, CIP's offshore wind development company, in a press release.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.