EDP Wins 400 MW of Offshore Wind Power in the US
2 March 2022
Ocean Winds, owned by EDP Renováveis and Engie, has closed a 20-year power purchase agreement for 400 MW in the United States to provide clean offshore wind energy to Massachusetts.
EDP Renováveis points out that these 400 MW of the Power Purchase Agreement (CAE), through Mayflower Wind Energy LLC, are added to the 804 MW already insured and announced in October 2019.
In total, Mayflower, a joint venture currently 50/50 owned by Ocean Winds (OW) and Shell New Energies US LL, now has 1,204 MW of secured capacity.
In July 2020, EDP Renováveis and France’s Engie announced the launch of a new company, Ocean Winds, controlled equally by the two groups (50%/50%).
The company is targeting “markets in Europe, the United States and some regions of Asia, where most of the growth should come from,” the two shareholders said.
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