Ørsted completes acquisition of Deepwater Wind
Ørsted has completed the purchase of the Deepwater Wind from D.E Shaw Group. The completion of the acquisition does not change Ørsted’s previous financial guidance for the financial year of 2018 or the announced expected investment level for 2018.
Deepwater Wind is an US offshore wind developer. Its portfolio has a total potential capacity of approx. 3.3 GW comprising:
- Block Island (30 MW), the only operational offshore wind farm in the US
- Three offshore wind development projects in Rhode Island, Connecticut, Maryland and New York totaling 810 MW of capacity with long-term revenue contracts in place or pending finalization.
- Approximately 2.5 GW of offshore wind development potential across three well-sited BOEM lease areas in Massachusetts and Delaware. Of these 2.5 GW, 1.2GW is developed through an equal joint venture with PSEG, a leading New Jersey utility.
Country updates
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January 15, 2019
Greenbacker Renewable completes purchase of 10.8 MW solar portfolio in Maryland
Greenbacker Renewable Energy Company has completed the purchase of 10.8 MW solar photovoltaic portfolio in Maryland, USA from Sol Systems. The solar portfolio includes the 7.8 MW Blue Star...
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January 15, 2019
Showa Shell Sekiyu completes purchase of 10% stakes in 1,100 MW Cricket Valley Energy Center project
Showa Shell Sekiyu has completed the purchase of a 10% stakes in the 1,100 MW Cricket Valley Energy Center combined-cycle natural gas electric generating facility located in Dover, New York, USA,...
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January 15, 2019
EQTEC plc to supply technology for 2 power plants in USA
The technology solution company for waste gasification to energy projects, EQTEC plc, was selected as exclusive technology provider for two biomass power projects in California, USA. The EQTEC already...
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January 15, 2019
John Laing agrees to divest stakes in two US wind farms
The John Laing Group has announced the execution of a share purchase agreement with Abu Dhabi Future Energy Company (Masdar) to divest its interest in two wind farms in the United States. In late Dec...
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January 15, 2019
1,485 MW gas-fired project in US begins commercial operation
Invenergy has announced commercial operations at Lackawanna Energy Center. The 1,485 megawatt natural gas combined-cycle electric generation facility has the capacity to power more than 1 million Ame...
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