The project closed on $2.3 billion of senior debt financing in September. Vineyard Wind 1 will use GE’s Haliade-X wind turbine generators, the most powerful in operation to date. With this selection, GE Renewable Energy is poised to play a pivotal role in the development of offshore wind power in the U.S., which will be a major source of investments and job creation up and down the supply chain in communities across the region.
"Our administration is proud to have worked with Vineyard Wind and a wide range of partners to help make Massachusetts a national leader in advancing clean, offshore wind energy development," Massachusetts Gov. Charlie Baker wrote on Twitter.
John Engel is a Content Director for Clarion Events. For the past decade, John has worked as a journalist across various mediums -- print, digital, radio, and television -- covering sports, news, and politics. He lives in Asheville, North Carolina with his wife, Malia. Have a story idea or a pitch? Email John at email@example.com.