Vineyard Wind signs fixed-rate power purchase agreements with utilities
Type: Ppa · Technology: Offshore Wind, Transmission · Country: United States · Capacity: 806 MW · Value: $1.4B · Announced: 2026-04-27
Vineyard Wind has begun delivering power from its 806 MW Vineyard Wind 1 offshore wind farm and in April 2026 activated fixed-rate power purchase agreements averaging $69.50/MWh with National Grid, Eversource, and Unitil that are projected to save $1.4 billion over 20 years.
Counterparties
- National Grid plc (Offtaker)
- Vineyard Wind LLC (Developer)
- Unitil Corporation (Offtaker)
- Eversource Energy (Offtaker)
📈 The Sherpa Signal — one notable infrastructure deal a day.