Long Island 2 Offshore Wind Farm

United States
Cancelled
300 MW Capacity
08 Oct 2018: Orsted announced an agreement with D.E. Shaw Group to acquire a 100% equity interest in Deepwater Wind at a purchase price of USD 510 million. The two companies’ offshore wind assets and organizations will be merged. The name of the new organization will be Ørsted US Offshore Wind. The new organization will be represented by a local management team headed by Ørsted US Offshore Wind CEO Thomas Brostrøm, Co-CEO Jeff Grybowski, President and CFO David Hang both from the Deepwater Wind team, and COO Claus Bøjle Møller from the Ørsted team. The transaction is subject to clearance by the US competition authorities and is expected to close by end of 2018. Deepwater Wind's portfolio includes: - Block Island (30MW) - Revolution Wind (600MW) - Skipjack (120MW) - Southfork (90MW) - Garden State Offshore Energy - New England lease areas Orsted's portfolio in the US includes: - Bay State Wind (in a jv with Eversource) - Ocean Wind New Jersey - In Virginia, Ørsted will be constructing two 6MW wind turbine positions for phase one of Dominion Energy’s Coastal Virginia Offshore Wind Project. Ørsted has exclusive rights with Dominion Energy to discuss the potential development of up to 2GW of offshore wind capacity.
4C Offshore | Location Map: Lat(40.460) Lon(-73.141)

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