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Vineyard Offshore cuts 50 jobs

Alicia Barton, CEO of Vineyard Offshore, visited the Foss Marine Terminal in New Bedford with Andrew Saunders, president of the terminal, on April 29, 2024. Vineyard Offshore planned to base operations and maintenance at the terminal for Vineyard Wind 2.
Jennette Barnes
/
CAI
Alicia Barton, CEO of Vineyard Offshore, visited the Foss Marine Terminal in New Bedford with Andrew Saunders, president of the terminal, on April 29, 2024. Vineyard Offshore planned to base operations and maintenance at the terminal for Vineyard Wind 2.

CAI has learned that the offshore wind developer Vineyard Offshore is eliminating 50 positions, some of them through layoffs.

A company spokesperson confirmed today that Vineyard Offshore has laid off employees and contractors and cut unfilled positions to reach a total of 50 job cuts in the United States and Europe.

鈥淚n an effort to position our projects for sustainable long-term success we have made the difficult decision to reduce our current team size in light of recent market uncertainties,鈥 the spokesperson said in an email. 鈥淲e look forward to continuing to advance these transformative American energy projects in the years ahead.鈥

It鈥檚 unclear how many of the layoffs are in Massachusetts; the company has offices in New Bedford; Boston; Uniondale, New York, on Long Island; and Eureka, California.

Vineyard Offshore is one of two parent companies of Vineyard Wind, the first offshore wind farm to operate with a Massachusetts contract. The company says no Vineyard Wind staff or contractors are part of the layoffs.

鈥淭he Vineyard Wind project, including its staff and contractors, remains unaffected by Vineyard Offshore鈥檚 changes,鈥 the spokesperson said. 鈥淚ts shareholders are fully committed to ensuring the project's successful completion.鈥

At Vineyard Offshore, some U.S. employees were reassigned to projects outside the country, the spokesperson said. Vineyard Offshore is an affiliate of Copenhagen Infrastructure Partners, a renewable-energy investment company based in Denmark.

The move follows President Trump鈥檚 executive order, on his first day in office Jan. 20, halting permitting for offshore wind.

Before the election, Vineyard Offshore bid on contracts to sell power from its proposed new wind farm, Vineyard Wind 2, south of Nantucket. Massachusetts utilities committed to buy up to 800 megawatts, with the hope that 海角换妻 would buy the remaining 400 megawatts.

But 海角换妻 held off until after the election. Then, facing Trump鈥檚 vow to stop offshore wind, 海角换妻 opted for solar and energy-storage projects instead.

Without a buyer for those 400 megawatts, Vineyard Offshore said it would not be able to build Vineyard Wind 2 right away.

Jennette Barnes is a reporter and producer. Named a Master Reporter by the New England Society of News Editors, she brings more than 20 years of news experience to CAI.

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