Trump poised to halt Avangrid wind initiatives off the coast of Massachusetts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
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Should l Buy ?
Source: SeekingAlpha
Withdrawal of Permit: The Trump administration is set to withdraw a permit for Avangrid's New England Wind 1 and 2 offshore wind projects, as indicated in a recent court filing by the Department of Justice.
Impact on Offshore Wind Projects: The decision to vacate the approval from the U.S. Bureau of Ocean Energy Management threatens investments in offshore wind, with the Trump administration also reconsidering other projects like SouthCoast Wind in Massachusetts.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
