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"BlackRock-backed Orsted Partner Acquires Offshore Wind Stakes, Eversource Plans Asset Sales Amid Rate Dispute"

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Source: Recharge
"BlackRock-backed Orsted Partner Acquires Offshore Wind Stakes, Eversource Plans Asset Sales Amid Rate Dispute"
Photo: Recharge
TL;DR

Orsted will have a new partner in its US offshore wind projects as Eversource agrees to sell its 50% stakes in the South Fork and Revolution Wind projects to Global Infrastructure Partners (GIP), which is in the process of being acquired by BlackRock. The deal is valued at $1.1bn and marks a significant development in the US offshore wind sector.

Topics:businessenergy#blackrock#energy#eversource#global-infrastructure-partners#orsted#us-offshore-wind
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  1. Orsted gets new US offshore wind partner as $12.5bn BlackRock target buys stakes  Recharge
  2. Eversource Surges on Plans to Shed Water, Offshore-Wind Assets  Yahoo Finance
  3. Haar: Eversource looks to sell Aquarion Water amid rate battle  CT Insider
  4. Amid PURA rate dispute, Eversource announces potential sale of water business, Aquarion  Hartford Business Journal
  5. Eversource Energy to sell stake in two offshore wind projects for $1.1 bln  Reuters

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