Power Purchase Agreement Due December 31, 2025. If extended again, it will be the sixth extension.
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SouthCoast Wind faced major challenges in finalizing its power purchase agreement (PPA) for its Massachusetts project, with a key deadline of Dec. 31, 2025, for contract finalization after Rhode Island Energy gave up multiple of its talks and extensions.
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Rhode Island Energy (RIE) terminated its PPA talks with SouthCoast Wind in November 2025, citing the inability to agree on terms
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Offshore wind developers must finalize contracts with Massachusetts utilities by year-end, navigating spiraling costs and legal hurdles, including a stalled Cape Cod cable plan, that impact the project's viability.
SouthCoast Wind withdrew its Falmouth Heights cable landing plan, adding to project complications.
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The project now faces significant hurdles, including regulatory delays, financial pressures, and legal challenges, threatening its execution.
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The SouthCoast Wind project's Power Purchase Agreement (PPA) in Massachusetts has faced multiple extensions, with deadlines repeatedly pushed back from late 2024 through mid-2025 (e.g., Nov 2024, Jan 2025, Mar 2025, June 2025) due to federal policy uncertainty and negotiation hurdles, leading to significant project delays, with Rhode Island eventually cancelling its separate PPA with the project in late 2025.
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SouthCoast Wind ended its Massachusetts offshore wind contracts that it had signed in late 2023 by paying a $60 million termination fee to the state's utilities (Eversource, National Grid, Unitil)
Massachusetts Offshore Wind Deadline December 31, 2025
by Frank Haggerty
2 hours ago