NJ 2nd OSW Awards — 2,658 MW combined offshore wind
NJ BPU awards Atlantic Shores OSW (1,510 MW Shell+EDFR) + Ocean Wind 2 (1,148 MW Ørsted+PSEG). Largest combined US OSW award at the time. ~56,000 FTE job-years.
$3.50B
Deal Value
2,658MW
Capacity
Offshore Wind
Technology
NJ
Location
Deal Details
- Deal Type
- Power Purchase Agreement
- Seller / Sponsor
- Atlantic Shores OSW (Shell + EDFR JV) — 1,510 MW + Ocean Wind 2 (Ørsted + PSEG) — 1,148 MW
- Buyer / Financier
- New Jersey Board of Public Utilities (BPU)
- Offtaker
- New Jersey Board of Public Utilities (BPU)
- Deal Value
- $3.5B economic benefit projected
- Stage
- Development
- ISO/RTO
- PJM
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