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FinancingClosedFebruary 11, 2022

South Fork Wind — 132 MW (12 turbines), 35 mi east of Montauk NY (NY first OSW project)

NY's first offshore wind project breaks ground — 132 MW (12 turbines) 35 mi east of Montauk Pt. Joint venture Ørsted+Eversource; 20-year LIPA offtake. First commercial-scale OSW farm in US federal waters. COD March 2024.

$2.00B

Deal Value

132MW

Capacity

Offshore Wind

Technology

NY

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Ørsted + Eversource (50/50 JV)
Buyer / Financier
LIPA (Long Island Power Authority)
Offtaker
LIPA (Long Island Power Authority)
Deal Value
Project ~$2B est.
Stage
Construction
ISO/RTO
NYISO
Source
NYSERDA

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