Iberdrola increases US offshore wind portfolio to 4.9 GW

Iberdrola has restructured its joint venture agreement with Copenhagen Infrastructure Partners (CIP) to enable Avangrid Renewables – a subsidiary of Avangrid and part of the Iberdrola Group – to take full ownership of Commonwealth Wind, a 1,232-MW project off Massachusetts.

The company also has sole ownership of Park City Wind, an 804-MW project in Connecticut with a power purchase agreement secured and BOEM permitting underway.

Iberdrola retains 50% of the 800-MW Vineyard Wind 1 project in Massachusetts, and the right to take control of the project during the operational phase.

Kim Biggar

Kim Biggar started writing in the supply chain sector in 2000, when she joined the Canadian Association of Supply Chain & Logistics Management. In 2004/2005, she was project manager for the Government of Canada-funded Canadian Logistics Skills Committee, which led to her 13-year role as communications manager of the Canadian Supply Chain Sector Council. A longtime freelance writer, Kim has contributed to publications including The Forwarder, 3PL Americas, The Shipper Advocate and Supply Chain Canada.
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