DECEMBER 31, 2018 — In a competitive solicitation process, Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project to move forward to negotiate a fixed price power purchase agreement (PPA) with the state’s power distribution companies for 0.42 TWh (terawatt hours) per year, equivalent to 100 MW offshore wind capacity.
Subject to contract signing and Ørsted’s final investment decision, construction of the wind farm is expected to start in...