CMP Parent Company Pulls Plug on Mass Offshore Wind
Avangrid, the parent company of Central Maine Power, agreed this month to pay $48 million to terminate a power purchase agreement it signed with offshore wind developer Commonwealth Wind. From Commonwealth Magazine: “The $48 million termination payment will be paid in three installments to the utilities — $25,900,800 to Eversource, $21,619,200 to National Grid, and […]
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