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PSEG to Sell its 25% Equity Stake in Ocean Wind 1 to Ørsted

PR Newswire - Wed Jan 18, 2023

PSEG will continue to support Ocean Wind 1, and New Jersey offshore wind

NEWARK, N.J., Jan. 18, 2023 /PRNewswire/ -- Public Service Enterprise Group (PSEG) has agreed to sell Ørsted its 25% equity stake in the Ocean Wind 1 offshore wind energy project, providing Ørsted with 100% ownership of the project. Ørsted, America's largest offshore wind energy company, will proceed with development of the project with PSEG supporting onshore infrastructure construction. 

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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