From The New England Council (newenglandcouncil.com):
Eversource and Ørsted have announced a partnership in two offshore wind projects off the coast of Massachusetts and Rhode Island. This partnership marks Eversource’s entrance into offshore wind energy.
Eversource is purchasing a 50 percent stake in two projects being developed by Ørsted — the Revolution Wind and South Fork Wind Farm. In addition to the wind projects themselves, the wind-power industry and state governments have committed to investing in the State Pier in New London, Conn., which will be used as a transit point for turbines and parts. The Revolution Wind partnership will deliver enough energy to power 420,000 homes and businesses in Rhode Island and Connecticut. The South Fork Wind Farm will provide electricity for more than 70,000 homes on eastern Long Island.
Executive Vice President of Enterprise Energy Strategy at Eversource Lee Olivier, commenting on on wind energy, said “We think it’s the future in this region. . . We think when you look at the proximity where much of offshore wind will be developed, it’s a good opportunity to bring the future into New London. It’s a real advantage for developing wind in the Northeast.”
“We are excited to have Eversource join us as we embark on the creation of the strongest U.S. offshore wind platform,” added Thomas Brostrøm, CEO of Ørsted U.S. Offshore Wind and president of Ørsted North America.
The New England Council applauds this new partnership between Eversource and Ørsted, and the impact it will have on expanding access to renewable energy in New England.