News

Ørsted partner Eversource sees $1.6 billion hit on for-sale US offshore wind farms

Wind Power News & Analysis RSS Feed · last updated

Ørsted partner Eversource sees $1.6 billion hit on for-sale US offshore wind farms | Windpower Monthly

Ørsted partner Eversource sees $1.6 billion hit on for-sale US offshore wind farms

New England utility Eversource Energy expects to take a hit of up to $1.6 billion on three US offshore wind farms it jointly owns with Ørsted as it prepares to sell its 50% stake in the projects.

Sign in to continue

Need to activate your subscription?

Already a subscriber

If you haven't already,

activate your subscription here>>

Company Domain Access

If your company has a corporate subscription simply

Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

More informationabout ENERGY BASICS: wind