Sunrise Wind Receives Federal Record of Decision, Takes Final Investment Decision

Sunrise Wind received its Record of Decision (RoD) from the US Department of the Interior's Bureau of Ocean Energy Management (BOEM), crossing a critical milestone in the federal environmental review process for the offshore wind project serving New York. Additionally, Ørsted and Eversource announced they have jointly taken a final investment decision on Sunrise Wind, solidifying the commitment to build the project, and will now advance with some important onshore construction activities.

These major milestones bring the 924 MW project one critical step closer to delivering substantial economic benefits across New York and helping the state meet its climate goals. 

Located approximately 30 miles (48 km) east of Montauk, New York, Sunrise Wind is expected to be the country’s largest offshore wind farm upon completion, generating enough renewable energy to power nearly 600,000 New York homes. 

Sunrise Wind will help New York achieve its mandate of 70% renewable energy by 2030, while accelerating the state’s growing offshore wind workforce and supply chain. Sunrise Wind will bring USD 700 million of investment to Suffolk County and create 800 direct jobs and thousands of indirect jobs in the state. The project is anticipated to be operational in 2026.

New York State recently selected Sunrise Wind to negotiate a 25-year contract to provide reliable green energy to the state. The project is finalising agreements with New York’s energy agency, New York State Energy Research and Development Authority (NYSERDA), on this offshore wind renewable energy certificates (OREC) contract. 

BOEM's issuance of the Record of Decision formally concludes its National Environmental Policy Act review process and precedes the anticipated approval of Sunrise Wind's construction and operations plan (COP), expected this summer. 

As previously announced, Ørsted has agreed to acquire Eversource’s 50% ownership share of Sunrise Wind, becoming the project’s sole owner, subject to signing of an OREC contract with NYSERDA, finalisation of acquisition agreements, COP approval, and other relevant regulatory approvals. Eversource will remain contracted to lead the project’s onshore construction. 

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