"Today, Brayton Point is on the frontier of clean energy in America. On this site they will manufacture 248 miles of high-tech, heavy-duty cables. These specialized subsea cables are necessary to tie offshore wind farms to the existing grid. Manufacturing these cables will mean good paying jobs for 250 workers. As many as the old power plant had at its peak." President Biden said.
In 2018, CDC/ELT acquired Brayton Point and set a goal to transform the retired power plant into a logistics and manufacturing hub for offshore wind energy. They report overwhelming success in that endeavor.
The property is the future home to a subsea cable manufacturing plant (Prysmian Group) and an electric converter station (Mayflower Wind) which will bring renewable energy directly to the local grid.