Equinor ASA has announced a final investment decision on Empire Wind 1 and financial close for $3 billion in debt financing for the under-construction project offshore Long Island, expected to ...

Equinor’s notice said a contractor vessel ... via a cable that makes landfall at Smith Point. Empire Wind 1 will send its energy to New York City, at South Brooklyn Marine Terminal.

Equinor’s Empire Wind 1 project has secured a project financing package of more than $3-billion. Financial close was reached at the end of December 2024.

Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially ...

The 73-acre Sunset Park project, which broke ground last June, is slated to be the nation’s largest dedicated offshore wind ...

The regulated utility entered supplier contracts in 2021 that allowed it to skirt surging inflation that drove US sector ...

NYC's new clean energy project will cost significantly more. Equinor, the developer behind Empire Wind 1, secured an 80,000-acre (125-square-mile / 32,375-ha) lease located 15 miles (24 km ...

The regulated utility entered supplier contracts in 2021 that allowed it to skirt surging inflation that drove US sector ...

Empire Wind 1: The offshore wind farm sweet is a new dusk of energy effigy in New York country. Empire Wind 1, from Equinor, is planned as New York City’s first offshore wind farm. This project is ...

The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...

It could be followed by a second Empire Wind project. Equinor has also won leases to build ... Partners to construct Vineyard Wind 1 off the coast of Massachusetts. It is also developing Kitty ...

Today, the state has one offshore wind farm supplying 132 megawatts to the grid — about 1.5 percent of the 2035 target ...