Wind News

 

Eversource Expects $75m Charge Due to Offshore Wind Sale Settlement

Oct 14, 2025

Utility firm Eversource Energy said on Tuesday it expects a $75 million or 20 cents per share after-tax charge in the third quarter due to an increased liability for the two wind projects sold to Global Infrastructure Partners (GIP).In 2024, Eversource sold its stake in the South Fork and Revolution Wind projects to GIP, receiving adjusted gross proceeds of $745 million, down from $1.12 billion due to reduced capital spending and delayed commercial operations of Revolution Wind…

Current News

Britain Offers Grid Connections to More Than 700 Projects In Energy Investment Push

Britain Offers Grid Connection

COC Boosts Offshore Capabilities with Newbuild AHTS Vessel

COC Boosts Offshore Capabiliti

Petrobras Farms Into Equinor-Operated Itaimbezinho Block Offshore Brazil

Petrobras Farms Into Equinor-O

REGENT’s Seaglider Set for Japan Take Off with New Certification Process

REGENT’s Seaglider Set for Jap

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine