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Orsted and Eversource Enter into 50-50 Partnership for Key Offshore Wind Assets in the Northeast

By Criterion Research
February 8, 2019 - Orsted and Eversource entered into a 50-50 partnership for key offshore wind assets in the Northeast. Eversource is paying roughly $225 million for a 50% interest in Orsted's Revolution Wind and South Fork Wind Farm projects, as well as the 257-square-mile tract off the coasts of Massachusetts and Rhode Island.

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Entities
Eversource Energy
Orsted

Projects
Revolution Wind (subscriber access)
South Forks Wind Farm (subscriber access)

Categories
Utilities
Electric Utilities

Commodities
Power

Sub Commodities
Wind Generation

Tags
Joint Venture
Wind Generation

Countries
United States

States
Massachusetts
Rhode Island

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