(IN BRIEF) Equinor has secured over USD 3 billion in financing for its Empire Wind 1 offshore wind project in the U.S., with financial close reached in December 2024. The project, which will power 500,000 homes in New York by … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged BP, capital investment, construction jobs, Empire Wind, Empire Wind 1, energy security, Equinor, financial close, financing, Jens Økland, Long Island, Molly Morris, New York, New York City grid, New York State Energy Research and Development Authority, offshore wind farm, PSA, renewable energy, SBMT, South Brooklyn Marine Terminal, tax credits, U.S. offshore wind, union jobs, USD 3 billion, wind energy, wind power
(IN BRIEF) Equinor and bp have jointly decided to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind endeavor in the US capable of generating 1,260 MW of power. The move … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged BP, economic challenges, Empire Wind 2, Equinor, Joshua Weinstein, Molly Morris, NYSERDA, OREC Agreement, partnership, Termination
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