Ørsted has acquired Eversource’s 50% share of Sunrise Wind, a 924 MW offshore wind farm on the USA coast.
The project involves a 924 MW offshore wind project located approximately 48 km east of Montauk, New York, USA. Once operational the wind farm will generate enough energy to power nearly 600,000 homes with 100% renewable energy and help New York build a carbon-free electric grid by 2040.
The purchase price at closing to acquire Eversource’s share of Sunrise Wind is USD 152 million. With the closing of the transaction, Ørsted has assumed full ownership of the project, which has all federal permits in place and recently signed an OREC (offshore wind renewable energy certificates) contract with New York’s energy agency, NYSERDA at USD 146 per MWh for 25 years. The final investment decision for the project was taken in March this year.
Avangrid, Inc and Copenhagen Infrastructure Partners (CIP) have announced that the 806 MW Vineyard Wind 1 project is now delivering more than 136 MW to the electric grid in Massachusetts, USA.
Read moreThe 942 MW Sunrise Wind project off the coast of New York has received approval for its construction and operations plan (COP) from the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM).
Read moreØrsted announced the completion of Helena Energy Center, a 518 MW combined wind and solar project located in Bee County, South Texas, USA.
Read moreAvangrid, Inc., a member of the Iberdrola Group, announced that construction is now underway at the 57 MWdc/44 MWac Camino Solar Project in Kern County, California, USA.
Read moreLeeward Renewable Energy (LRE) announced that it has completed construction and commenced operation of its 200 MW Horizon Solar Project near Pearsall in Frio County, Texas, USA.
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