Vineyard Wind, the wind farm planned off the southern coast of Martha’s Vineyard, is granting $50,000 to the New Bedford Port Authority for the purposes of developing publicly owned port facilities that could help support shore-based operations of the emerging Massachusetts offshore wind industry, according to a press release.
“Vineyard Wind is happy to support the city of New Bedford and the Port Authority in developing their port assets to further take advantage of the impending economic development opportunities that the offshore wind industry will provide in the coming years,” said Erich Stephens, chief development officer for Vineyard Wind, in the release.
The grant from Vineyard Wind to the New Bedford Port Authority is intended to support the necessary technical consultants and industry experts for the city to execute engineering studies for unlocking opportunities for growth and development along the New Bedford Harbor waterfront, the release states. The investment to complete this work will help facilitate improvements needed to better prepare waterfront land and port facilities in New Bedford Harbor area to play an even larger role in the offshore wind industry.
Vineyard Wind plans an 800-megawatt wind farm, and plans to use New Bedford as its operational headquarters. The wind project is still under review by federal environmental regulators.