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Ørsted divests 25% of Ocean Wind to PSEG

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include both a conventional and tax equity investment in the project. The partners did not disclose the value of the transaction. In June 2019, … Continue reading Ørsted divests 25% of Ocean Wind to PSEG

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