We are pleased to announce our partner OffshoreMW, which holds an offshore wind lease south of Martha's Vineyard has new financial backers and a new name for their project.
Copenhagen Infrastructure Partners (CIP) has recently acquired OffshoreMW & will provide senior management & technical expertise in developing the Massachusetts lease area.
Richard Andre, President of Vineyard Power said, "We're very pleased that we'll now be working with the CIP team. We've met with them and know they bring an enormous amount of offshore wind expertise, they have the investment capacity, and they appreciate what we have to offer as a local community partner. Together we'll be able to deliver a great project for the Vineyard, & for the entire commonwealth."
In addition, the name of the project will be "Vineyard Wind", reflecting both the project's proximity to the island as well as OffshoreMW's long standing ties to Vineyard Power Cooperative.
More to come soon!