Photo Credit: Eric Haynes
Avangrid (NYSE: AGR) now has full federal approval of the Construction and Operations Plan (COP) for the New England Wind 1 and 2 offshore wind farms.
The approval of the COP follows the favorable Record of Decision (ROD) issued by the Biden Administration in April 2024. The milestone approval largely completes the federal, state, and local permitting process for sustainable energy company Avangrid’s 791-megawatt (MW) New England Wind 1 project.
The New England Wind 1 and New England Wind 2 projects together would have a total capacity of up to 2,600 MW of renewable energy that BOEM estimates could power more than 900,000 homes annually.