Massachusetts’ third offshore wind competitive procurement. The 1,232-megawatt project, New England’s largest offshore wind project to date, will create 11,000 full time equivalent jobs over its lifetime and generate enough energy to power 750,000 homes. Commonwealth Wind includes two transformative initiatives that convert former coal-fired power plants into clean energy centers that will serve to anchor offshore wind jobs throughout the state. Massachusetts' first submarine cable factory, operated by Prysmian, will be located at Brayton Point, Somerset, and a new offshore wind construction terminal will be built in Salem Harbor to serve the Park City Wind and Commonwealth Wind projects. Both initiatives will create new permanent jobs across Massachusetts and bring this new sector to life. Through Commonwealth Wind, the company has committed to invest $15 million in workforce training and supply chain development, based on the principles of diversity, equity and inclusion. It also plans to invest $20 million in education, innovation and environmental initiatives to benefit local communities.