US offshore wind shake-up as Vineyard pioneers Iberdrola and CIP swap assets

Spanish group's Avangrid Renewables to take sole control of advanced projects while Danish partner gets cash and lease zone as major interests change hands off northeast

Vineyard Wind CEO Lars Pedersen speaks at a press conference.
Vineyard Wind CEO Lars Pedersen speaks at a press conference.Foto: Boston Globe/Boston Globe via Getty Images
Published 21 September 2021, 12:53Updated 22 September 2021, 06:27
USAmericasCIPIberdrolaVineyard Wind