Eversource Energy Completes Exit of Offshore Wind Business
WEB1 day ago · Company Closes on the Sale of Revolution Wind and South Fork Wind to Global Infrastructure Partners. BOSTON& HARTFORD, Conn.---- Eversource Energy today announced that it has completed the sale of ...
Eversource exits offshore wind, GIP acquires stake in two …
WEB18 hours ago · Dive Brief: Eversource Energy on Monday announced the completed sale of its 50% interest in South Fork Wind and Revolution Wind to Global Infrastructure Partners’ Skyborn Renewables, making GIP ...
Eversource Energy Completes Exit of Offshore Wind Business
WEB1 day ago · Company Closes on the Sale of Revolution Wind and South Fork Wind to Global Infrastructure Partners BOSTON & HARTFORD, Conn., September 30, 2024--(BUSINESS WIRE)--Eversource Energy (NYSE: ES ...
So long, farewell. Eversource is now out of the offshore wind …
WEB21 hours ago · Following the sale of its 50% stake in the 132-megawatt (MW) South Fork Wind project and the 704 MW Revolution Wind project to Global Infrastructure Partners (GIP), Eversource is now fully out of the offshore wind business. Adjusted gross proceeds from the transaction were $745 million, $375 million …
Eversource Energy Completes Exit of Offshore Wind Business
WEB1 day ago · Company Closes on the Sale of Revolution Wind and South Fork Wind to Global Infrastructure Partners BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)-- Eversource Energy (NYSE: ES) today announced that it has completed the sale of its 50 percent interest in the 132-megawatt South Fork Wind project (South Fork Wind) and the 704-megawatt Revolution Wind project (Revolution Wind) to Global Infrastructure ...
WEBFeb 13, 2024 · the 704-megawatt Revolution Wind project. Ørsted’s 50 percent ownership interests are not affected by today’s announcement. Eversource is expected to enter into a separate construction management agreement as a contractor to Revolution Wind to complete the onshore work that is currently underway.
Offshore Wind - Eversource
WEBThe transformed State Pier became an offshore wind hub in 2023, with all 12 turbines for South Fork Wind being staged and assembled with support from local union workers. Work at the pier is now under way to support the build out of Revolution Wind, Connecticut’s and Rhode Island’s first commercial scale offshore wind farm.
Eversource officially exits offshore wind business - The Day
WEB22 hours ago · The $745 million sale of Eversource’s stake in 132-megawatt South Fork Wind and 704-megawatt Revolution Wind to New York-based Global Infrastructure Partners was what Eversource President and ...
GIP forms US offshore wind JV with Ørsted as Eversource exits
WEB1 day ago · Skyborn Renewables, a Global Infrastructure Partners (GIP) portfolio company, has acquired 50% stakes in the 132-MW South Fork Wind and 704-MW Revolution Wind offshore projects in the US, taking utility Eversource Energy’s place as Ørsted A/S’ partner in the portfolio.Eversource, New England’s largest energy supplier, said on Monday it has wrapped up the sale of its shareholding in the ...
Eversource Energy Completes Exit of Offshore Wind Business
WEB2 days ago · Anticipated post-closing adjustments of approximately $315 million as a result of final economics of the Revolution Wind and South Fork Wind projects, which include Eversource’s obligations to ...