AVANGRID Comments That Ruling Issued By The U. District Court Acknowledges Rigorous And Thorough Administrative Review That Vineyard Wind 1 Project Underwent
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AVANGRID (AGR) praises the U.S. Department of Justice, federal government, and Vineyard Wind 1 project team for defending the nation's first commercial-scale offshore wind project, following a U.S. District Court ruling acknowledging the project's rigorous and thorough administrative review.
May 18, 2023 | 9:19 pm
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AVANGRID's (AGR) Vineyard Wind 1 project receives support from the U.S. Department of Justice and federal government, following a U.S. District Court ruling acknowledging the project's thorough administrative review.
The U.S. District Court ruling acknowledges the rigorous and thorough administrative review that the Vineyard Wind 1 project underwent. This support from the U.S. Department of Justice and federal government is a positive development for AVANGRID and its Vineyard Wind 1 project, which is the nation's first commercial-scale offshore wind project. This news is likely to have a positive short-term impact on AGR's stock price.
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