Benzinga | Jul 16, 2021 01:30PM EDT

AVANGRID Reports Its Joint Venture, Vineyard Wind, Entered Project Labor Deal With Massachusetts Building Trades, Local Union Affiliates For Construction Of Vineyard Wind 1 800MW Offshore Wind Project

AVANGRID, Inc. (NYSE:AGR), a leading sustainable energy company, is pleased to announce that its joint venture, Vineyard Wind, has today entered into a Project Labor Agreement (PLA) with the Massachusetts Building Trades and local union affiliates for the construction beginning later this year of Vineyard Wind 1, an 800 megawatt (MW) offshore wind project.

"We are proud to work with organized labor to make history by building the nation's first large-scale offshore wind project, Vineyard Wind 1," said Dennis V. Arriola, CEO of AVANGRID. "The PLA is a triple-win for workers, our communities and industry and sets a strong precedent as we build the offshore wind energy infrastructure in the U.S. Investing in the workforce that will build the clean and connected future creates strong, sustainable communities and will enable the long-term growth and success of the offshore wind industry in this country."

The agreement ensures fair, family-supporting wages and thorough workplace protections for the workers who will be constructing Vineyard Wind 1, the nation's first commercial-scale offshore wind project. The PLA also ensures that there will be talented and skilled laborers available during construction to meet the project's needs and deliver Vineyard Wind 1 on schedule.

AVANGRID, through its subsidiary Avangrid Renewables, is a leading developer and operator of onshore wind and solar and is pioneering the development of offshore wind in the U.S. In addition to Vineyard Wind 1, Avangrid Renewables is a partner on Park City Wind, an 804 MW project that will serve the state of Connecticut, as well as on additional lease areas off the coast of Massachusetts and Rhode Island which can deliver up to 3,500 MW. In the mid-Atlantic, Avangrid Renewables is developing Kitty Hawk Offshore Wind which has the potential to deliver 2,500 MW of clean energy into Virginia and North Carolina.