October 31 (Renewables Now) - Massachusetts offshore wind developer Vineyard Wind on Monday said it is beefing up its team as it gears up for the construction phase of its project.
Vineyard Wind, one of three companies with lease rights to install wind turbines off Massachusetts, is owned by Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables, part of Spanish utility Iberdrola (BME:IBE). The project owners are now sending executives to Massachusetts. Lars Thaaning Pedersen will assume the role of chief executive at Vineyard Wind, while Iain Henderson will become chief financial officer. Erich Stephens, who has led development of the Vineyard Wind project since 2014, will become chief development officer.
Pedersen has long experience in the offshore wind industry. He has previously acted as the project director for Vineyard Wind on behalf of Copenhagen Offshore Partners, the offshore wind development arm of CIP. Pedersen also has a 10-year career at offshore wind major Ørsted A/S (CPH:ORSTED), former Dong Energy.
Henderson comes from the renewables business of ScottishPower, a subsidiary of Iberdrola.
Massachusetts last year required utilities to procure 1,600 MW of offshore wind energy by 2027. The first solicitation was launched earlier this year, seeking 400 MW and potentially up to 800 MW.
Vineyard Wind says its lease area off Martha's Vineyard, Massachusetts can accommodate as much as 1,600 MW of capacity. The other developers with leases in the location are Deepwater Wind and Ørsted, which is partnering with Eversource Energy (NYSE:ES) on the development of the Bay State Wind project.