5/30/23
Eversource has announced plans to sell its 50 percent stake in offshore wind lease areas totaling 175,000 square miles off the coast of Massachusetts for $625 million to its wind partner, Danish energy giant Orsted.
Last May, Eversource CEO Joe Nolan announced the company was looking to cash in on its offshore wind holdings to pay off company debt and focus on connecting upcoming wind projects to the onshore electric grid.
You must be logged in to post a comment.
Processing…please wait
By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. more information
By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. We use cookies during the registration process and to remember member settings.