As the Vineyard Offshore Wind Project sails toward a commercial operations date in either 2021 or 2022, Avangrid Renewables LLC’s top executives are surveying the burgeoning U.S. offshore space beyond their maiden project, with high demand from project finance lenders powering their optimism.
Project company Vineyard Wind LLC, in which Avangrid Inc. and Copenhagen Infrastructure Partners K/S each have a 50% stake, in December 2018 hired Santander Bank NA to advise on a debt raise and CCA Group LLC to advise on tax equity financing.
