On January 13, the Distribution Companies notified the Department and all interested stakeholders that the Distribution Companies and Mayflower Wind executed the final contracts on the evening of January 10, 2020.
The Distribution Companies will submit the contracts to the Department for approval in accordance with Section 83C no later than February 10, 2020. The Distribution Companies note that the final price for energy and environmental attributes under the executed contracts is consistent with the price offered under the selected Mayflower Wind “804 MW Low Cost Energy” proposal. Accordingly, the extension of the contract negotiation period from that initially anticipated under the Request for Proposals for Long-Term Contracts for Offshore Wind Energy Projects will not result in any price increase or delay in the project’s commercial operation date. Further details regarding the terms of the contracts will be provided at the time of filing.
For more information about progress and regulatory approvals, please see the 83C II Timeline section on this website, and check back for updates