Eversource could sell its share of its offshore wind joint venture with Orsted after the regional US utility launched a strategic review of a partnership that is developing some of America’s pioneering projects off the nation’s Northeast.
Eversource said it expects the review by the end of the year to decide whether a disposal of part or all of the 50-50 JV is the right option, after launching the process “in light of the record-setting prices in the recent federal lease auction for tracts around the New York Bight and an evolving landscape”.
