Gov. Ned Lamont on Wednesday announced the state will soon accept new offshore power bids following the undoing of the Park City Wind project.

Park City Wind was set to supply Connecticut with 804 megawatts of electricity but was pulled Monday by Avangrid after it deemed the project was too expensive. The project was set to invest $1.5 billion into the Bridgeport waterfront.

"We're going to go out to bid early next year, and we're going to see if the market has changed a little bit,” said Lamont.

Lamont added Massachusetts and Rhode Island will also be accepting new bids.

The state’s other offshore wind project, Revolution Wind, is still on track.