Equinor and BP have rebid their 810MW Empire Wind 1 project into New York’s fourth offshore wind solicitation.
If awarded, Empire Wind 1 is expected to provide first power in 2026.
The Empire Wind 1 bid into the solicitation follows the announcement of a swap transaction between Equinor and BP under which Equinor, subject to certain conditions and regulatory approval, will take full ownership of the Empire Wind lease and associated projects
This includes the South Brooklyn Marine Terminal (SBMT), where construction to develop it into a hub for New York’s offshore wind sector is expected to begin in the first half of this year.
The transaction will see BP take full ownership of Beacon Wind and its assets.
“Empire Wind 1 is ready and so is Equinor,” said Molly Morris, President of Equinor Renewables Americas.
“New York has demonstrated its commitment to offshore wind and this project will play a foundational role in driving that commitment forward. Empire Wind 1 puts New York City at the heart of this new industry and the economic and environmental benefits will extend throughout the state.
“We continue to engage closely with our key stakeholders – including community partners, union labour, and environmental organizations – and are grateful for the support the project is receiving.”