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Offshore Wind
Offshore Wind
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Avangrid as part of a 50-50 Joint Venture with Copenhagen Infrastructure Partners, is constructing the first large-scale offshore wind project in the United States, Vineyard Wind 1. The project is located 14 miles south of Martha’s Vineyard, off the coast of Massachusetts. The project is currently under construction, and will deliver clean energy to 400,000 homes and businesses in the Commonwealth.
Avangrid is also developing the New England Wind 1 and New England Wind 2 projects. Combined, New England Wind 1 and 2 offer the region 1870 MW of clean, reliable offshore wind power, enough to power nearly 1 million homes and reduce emissions by nearly 4 million U.S. tons, equivalent to taking 700,000 cars off the road annually. Among the most advanced offshore wind opportunities in the nation, New England Wind received a favorable Record of Decision from the U.S. Bureau of Ocean Energy Management in April 2024.
Additionally, Avangrid is developing Kitty Hawk Wind, which has the potential to deliver 3500 Megawatts to Virginia and North Carolina, enough clean energy to power 1 million homes and businesses in the region while creating jobs and economic development.
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Vineyard Wind One
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Kitty Hawk Wind
New England Wind 1
New England Wind 2
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
