Orsted to take full ownership of New Jersey offshore wind farm

ORSTED OFFSHORE NORTH AMERICA is taking full ownership of the Ocean Wind project planned off the coast of New Jersey. Orsted also owns and operates the Block Island Wind Farm, pictured here. / (AP Photo/David Goldman
PROVIDENCE – Offshore wind developer Orsted Offshore North America is set to become the full owner of an offshore wind farm planned off the coast of southern New Jersey. Orsted on Wednesday announced it has signed an agreement to buy out New Jersey electric services company Public Service Enterprise Group’s private equity stake in the…

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