CIP and Avangrid Announce First Power from Vineyard Wind 1

BOSTON, Jan. 03, 2024 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, at 11.52 pm on Tuesday, January 2, 2024, one turbine delivered approximately five megawatts of power, with additional testing expected to happen both on and offshore in the coming weeks. The project expects to have five turbines operating at full capacity early in 2024.
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 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.Oliver Routhe Skov, Head of Media Relations
[email protected]
+45 3054 1227Craig Gilvarg, Director of External Communications
[email protected]
+1 (857) 998-1130Andrew Doba, Director of Communications
[email protected]
+1 (617) 362-3872Thomas Kønig, Partner – Investor Relations
[email protected]
Phone: +45 7070 [email protected]
+1 (802) 777-7800
(GlobeNewsWire)