Securing financial close for Empire Wind 1 - Equinor
Jan 2, 2025 · The Empire Wind lease was awarded to Equinor in 2017. It is being developed in two phases, Empire Wind 1, with a contracted capacity of 810 MW, and Empire Wind 2, with a potential capacity of more than 1,200 MW. In 2020, bp farmed into a 50% share of Equinor’s Empire Wind and Beacon Wind assets for a total consideration of USD 1.1 bn.
Empire Wind 1 awarded offtake contract in New York’s fourth ... - Equinor
Feb 29, 2024 · An already highly mature offshore wind project, Empire Wind 1 targets to deliver first power to New York in 2026. Equinor and NYSERDA will now negotiate an Offshore Wind Renewable Energy Certificate (OREC) Purchase and Sale Agreement, with contract execution expected within Q2 2024.
Securing financial close for Empire Wind 1 - Empire Wind
Jan 2, 2025 · The Empire Wind lease was awarded to Equinor in 2017. It is being developed in two phases, Empire Wind 1, with a contracted capacity of 810 MW, and Empire Wind 2, with a potential capacity of more than 1,200 MW. In 2020, bp farmed into a 50% share of Equinor’s Empire Wind and Beacon Wind assets for a total consideration of USD 1.1 bn.
Equinor secures financial close for Empire Wind 1 project in New …
4 days ago · Equinor is proud to play a part in advancing domestic energy solutions safely, efficiently, and for the long term.” Equinor made a final investment decision on the wholly owned and operated Empire Wind 1 project earlier this year. Construction has already begun. Empire Wind 1 is located 15-30 miles southeast of Long Island and spans 80,000 acres.
Equinor Secures $3 Billion Financing for US Offshore Wind Project
3 days ago · Equinor has taken full ownership of Empire Wind 1 and 2 since last year, in a swap transaction with 50 percent co-venturer BP PLC that allowed the former to exit the Beacon Wind lease, also a 50 ...
Equinor solidifies New York offtake contract for Empire Wind 1
Jun 4, 2024 · Equinor today announced the execution of the Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the Empire Wind 1 offshore wind project.
Equinor Reaches Financial Close For Empire Wind 1
Jan 2, 2025 · In June 2024, Equinor announced the execution of the Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority for Empire Wind 1 power for 25 years at a ...
Grid milestone for New York’s Empire Wind 1 project
Mar 13, 2024 · FERC’s approval allows the Empire Wind 1 offshore wind project to connect through the Sunset Park Onshore Substation at South Brooklyn Marine Terminal (SBMT) into the New York City electrical grid at Con Edison’s Gowanus substation, delivering 810 megawatts of reliable renewable power.
Equinor bids shovel-ready Empire Wind 1 into New York’s expedited wind ...
Jan 26, 2024 · Empire Wind 1 will provide 810 MW of renewable power generated from offshore wind to power more than 500,000 New York homes.
Equinor hits financial close for New York's $5bn Empire Wind
Jan 2, 2025 · Equinor said it intends to sell part of the Empire Wind 1 project to a new partner to "further enhance value and reduce exposure". The company had acquired the Empire Wind lease area in 2017 and mid-last year obtained a purchase and sale agreement (PSA) with the New York State Energy Research and Development Authority (Nyserda) for Empire Wind ...
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