US Administration Moves to Revoke Approval for Avangrid’s Major Offshore Wind Project
09.09.2025 - 10:09:04Strategic Implications and Financial Impact
The Biden administration has taken formal steps to rescind the federal permit for Avangrid’s multi-billion dollar New England Wind offshore energy development. In a significant regulatory reversal, the Department of Justice filed a notice of intent on behalf of the Interior Department and the Bureau of Ocean Energy Management (BOEM) to vacate the project’s approval by October 10, 2025.
This development represents a substantial obstacle for Avangrid’s renewable energy expansion strategy. The New England Wind initiative was designed to generate 2,600 megawatts of electricity, sufficient to power more than 900,000 homes. Construction of the initial 791-megawatt phase was scheduled to commence later this year.
The government’s unexpected reversal stems from litigation filed by advocacy groups alleging violations of key Read more...