Park City Wind LLC enters into fisheries compensation agreement with the Commonwealth of Massachusetts
Type: Partnership · Technology: Offshore Wind, Other · Country: United States · Value: $7.36M · Announced: 2024-01-03
Park City Wind LLC agreed to provide $7,359,471 in fisheries compensation funding to the Commonwealth of Massachusetts, including $5,859,471 for direct fisheries compensation and $1,500,000 to support the Massachusetts Fisheries Innovation Fund, to offset economic impacts from its initial phased offshore wind project (New England Wind - Park City Wind).
Counterparties
- Park City Wind LLC (Developer)
- Commonwealth of Massachusetts (Partner)
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