In August 2023, Massachusetts offshore wind contractors agreed to pay all three state utility companies 60 million to terminate their original power purchase agreements negotiated in 2022. The power companies are Eversource, National Grid, and Unitil.

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To be clear, the offshore wind companies signed power purchase agreements in 2022. The offshore wind companies gambled that they could cancel their contracts and make more money in the future.

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Massachusetts, Rhode Island, and Connecticut in October 2023 announced a first in the country tri-state offshore wind agreement. Governor Maura Healey said, “By working together, we can amplify the many benefits of offshore wind for all three states, including regional economic development opportunities, healthier communities, lower energy bills, and advantages to environmental justice populations and low-income ratepayers.” 

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In September 2024, Connecticut dropped out of the tri-state agreement due to potentially high electric rates. 

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Rhode Island is scheduled to end its energy contracts by November 1, 2025, if they cannot be resolved.

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While Rhode Island set November 1 as the final contract date, Massachusetts has set a new date of December 31, 2025. Odds are, Rhode Island drops out of the former tri-state agreement. 

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The original energy contract started in Massachusetts in 2022, and the contract was cancelled in August 2023. A new tri-state request for proposal, RFP, was issued in October 2023 and then extended multiple times, 4x, with the latest in December 2025.

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Recently, offshore wind joined a lawsuit against President Trump's executive order with 17 state attorneys general, with an upcoming hearing in September 2025. Some of these offshore wind companies canceled power purchase agreements in 2023, hoping to renegotiate contracts to make more money. The gamble may have resulted in a 600 million loss.  

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The seventeen states argue that the Trump offshore wind Executive Order, EO, is illegal because it falls under the Administrative Procedure Act, APA. The states contend that the APA requires public comment and publication.

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The next ruling in the case is scheduled for September 2025. If the states win, the judge will likely decide that Trump must follow the APA. 

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