Benzinga | Jan 12, 2022 03:26PM EST

AVANGRID Offers Statement Related To US Bureau Of Energy, Ocean Mgmt. Plans To Hold Auction For Offshore Wind Lease Areas In New York Bight

"As a leader in offshore wind, AVANGRID applauds the much anticipated announcement for a public auction for lease areas within the New York Bight," said Dennis V. Arriola, CEO of AVANGRID. "Given our 4.9 GW off-shore wind project portfolio, we look forward to participating in this historic auction. We have a strong track record of developing projects that incorporate all stakeholders and community interests in a way that brings not only clean energy benefits, but also sustainable economic and societal benefits through project labor agreements, workforce and supply chain development, and marine mammal protections."