Utility Holding Company
Appears in 3 stories
Developing Vineyard Wind with Copenhagen Infrastructure Partners. - Won January 27 preliminary injunction for Vineyard Wind (95% complete, already generating power); construction resumed, racing to meet March 31 vessel deadline
On December 22, 2025, Interior Secretary Doug Burgum paused every major offshore wind farm under construction off the East Coast. Vineyard Wind, Revolution Wind, Sunrise Wind, Empire Wind, and Coastal Virginia Offshore Wind—representing $28 billion in investment and enough power for millions of homes—all stopped work on orders from Washington citing radar interference and national security risks near military installations.
Updated Feb 10
Connecticut-based energy company that owns Central Maine Power and developed NECEC through its NECEC Transmission LLC subsidiary. - Project developer; prevailed in legal challenges
New England has paid some of the highest electricity prices in the country for decades, hostage to constrained natural gas pipelines that spike costs every winter. On January 16, 2026, a $1.6 billion transmission line began delivering 1,200 megawatts of Canadian hydropower to the region—enough to meet 20% of Massachusetts' electricity needs and save ratepayers an estimated $50 million annually.
Updated Feb 1
Connecticut-based utility holding company owned by Spanish multinational Iberdrola. - Project developer (subsidiary of Iberdrola)
For 40 years, Hydro-Québec wanted to sell more power to New England. For 40 years, transmission bottlenecks and local opposition stopped them. On January 16, 2026, a 145-mile power line through Maine's western woods began delivering 1,200 megawatts of Canadian hydroelectricity to Massachusetts—enough to supply 20% of the state's needs and the largest clean energy transmission addition to New England's grid in decades. Ten days later, during a winter storm, the line went dark.
Updated Jan 30
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