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With Financing Secured, Vineyard Wind Set to Begin Construction

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Sarah Mizes-Tan
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Decades in the making, the nation’s first large-scale commercial offshore wind farm could begin construction as early as this week on the Cape.

Vineyard Wind has raised a total of $2.3 billion from nine different banks, CEO Lars Pedersen announced Wednesday. The funding is a green light for some of the developer's contractors to start “immediate action,” he said.

An electrical substation in Barnstable will host the first phase of construction. “We will start preparing the onshore substation for where the power will eventually plug into the grid,” said Pedersen. “We’re very excited to move forward.”

The Vineyard Wind 1 project will place 62 wind turbines in federal waters about 15 miles south of Martha’s Vineyard.

Onshore work is set to continue throughout this fall on Cape Cod, while offshore work will likely begin next year based out of the port of New Bedford.

The project received its final federal approval in May, but it faces lawsuits from fishing and conservation groups.

Daniel covers the South Coast for WCAI. He comes to the station from Minnesota Public Radio, where he reported on science and the environment. Daniel has produced audio documentaries on a motley mix of topics, from the science of sewage to the history of automobile license plates. He holds a PhD in climate change ecology from the University of Minnesota. Daniel is a 2021-22 Report For America corps member.