$1.5 Billion Offshore Wind Project Proposed For Bridgeport

BRIDGEPORT, CT — A proposed $1.5 billion project will make Bridgeport into an offshore wind power hub, according to a statement from Vineyard Wind. The company claims that its investment will "create thousands of jobs" and save Connecticut taxpayers over $1 billion.

The project, dubbed Park City Wind, is intended to make the city a hub for the emerging offshore wind industry. Vineyard Wind submitted its Park City Wind proposal on September 30th, 2019 to the Connecticut Department of Energy and Environmental Protection (DEEP) in response to their 2019 solicitation for offshore wind facilities.

"Park City Wind is a tremendous opportunity to revitalize Bridgeport by creating thousands of good paying jobs with good benefits in both the wind industry and throughout the local supply chain," Vineyard Wind CEO Lars Thaaning Pedersen said in a statement. "By selecting our project, the state will help make offshore wind a statewide industry, similar to aerospace, and tap into the innovative roots that have defined Connecticut for generations."

Over the last two years, states from Virginia to Massachusetts have announced plans to procure 22,000 megawatts of offshore wind power, which represents $85 billion in economic and investment opportunity. The company claims that Bridgeport can play an integral role in both Connecticut and different project opportunities up and down the East Coast.

Vineyard Wind is also investing in a New London offshore wind project.

The Park City Wind proposal includes options to develop an up to 1,200 MW project, which will generation enough electricity to power 600,000 Connecticut homes.

Vineyard Wind will partner with McAllister Towing and Transportation Co. to redevelop an 18.3-acre waterfront industrial property as part of the project.