New England Wind is a proposed offshore wind energy project developed by Avangrid. It is located approximately 20 nautical miles south of Martha's Vineyard and 24 nautical miles southwest of Nantucket, Massachusetts. From Wikipedia
Inflation, raised interest rates, and supply chain issues cited as key factors in the cancellation of the project that would have created over 300 jobs and supported Virginia's ambitions to become a hub for offshore wind projects.