Equinor secures $3 billion for NY wind farm

South Brooklyn Marine Terminal

Norwegian energy giant Equinor has secured $3 billion financing for the next stage of its Empire Wind project around 30 miles southeast of Long Island, New York.

As well as fees to use the South Brooklyn Marine Terminal, total capital needed for the project will amount to $5 billion, which includes future tax credits.

This is premium content

Already a member? SIGN IN now

V2-MJ

Register for a FREE one-month trial to continue this article

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.