NY 1st OSW Solicitation — Empire Wind 816 MW (Equinor) + Sunrise Wind 924 MW (Ørsted/Eversource)
NY first OSW solicitation award. 1.7 GW combined. Advances Cuomo 9 GW by 2035 goal.
Largest US OSW procurement at time
Deal Value
1,700MW
Capacity
Offshore Wind
Technology
NY
Location
Deal Details
- Deal Type
- Power Purchase Agreement
- Seller / Sponsor
- Equinor + Ørsted/Eversource JV
- Buyer / Financier
- NYSERDA OREC
- Offtaker
- NYSERDA OREC
- Deal Value
- Largest US OSW procurement at time
- Stage
- Development
- ISO/RTO
- NYISO
- Source
- NYSERDA
Related Deals
Bluepoint Wind — federal OCS lease cancellation for 2.4 GW fixed-bottom offshore wind project off New York; DOI agrees to refund $765M in lease bid fees in exchange for redirected capital into US oil & gas infrastructure
Bluepoint Wind LLC → U.S. Department of the Interior (lease cancellation)
$765M (DOI lease fee refund)
Empire Wind 1 (816 MW offshore wind, New York)
Talen Energy → Equinor
816 MW
Empire Wind 1 — 810 MW offshore wind, NY Bight (~15-30 mi south of Long Island)
Equinor (after BP swap) → NYSERDA
$155.00/MWh strike (25-year term)
Sunrise Wind — 924 MW offshore wind, ~30 miles east of Montauk, New York (50% Eversource stake)
Eversource Energy → Ørsted
$152M (revised from $230M at signing)
Empire Wind 2 — 1,260 MW offshore wind, OCS-A 0512 lease area, off Long Island, New York
Equinor + bp (Empire Wind partners) → NYSERDA (terminated)
$250M EPC contract terminated
Buckleberry Solar — Solar project, NC (CPLE). MW not publicly disclosed.
Buckleberry Solar, LLC → Duke Energy Progress, LLC
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