trending Market Intelligence /marketintelligence/en/news-insights/trending/utvkaemhjgjxt5c0tjdp4a2 content esgSubNav
In This List

EDF Renewables selects MHI Vestas wind turbines for NJ offshore wind farm

Blog

Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up

Blog

Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps

Blog

Insight Weekly: Renewables lead capacity additions; bank mergers of equals up; nickel IPOs surge

Blog

Insight Weekly: Utilities face headwinds; S&P 500 dividend hikes likely; dollar poised for rally


EDF Renewables selects MHI Vestas wind turbines for NJ offshore wind farm

EDF Renewables North America has selected MHI Vestas Offshore Wind A/S to supply three wind turbines for the Nautilus wind farm, located offshore in state waters of New Jersey.

The EDF Group subsidiary said in an Oct. 16 press release that the project could be commercially operational as soon as 2020. The project would include three V164-8.3 MW turbines, according to the statement.

EDF Renewables has secured all the necessary approvals for the project. However, the New Jersey Board of Public Utilities is currently reviewing its offshore renewable energy credit agreement.

The power plant is owned by Fishermen's Energy of New Jersey LLC and is being jointly developed with EDF under an agreement where EDF would eventually acquire the fully developed project.

EDF Group and EDF Renewables are subsidiaries of Electricité de France SA. MHI Vestas Offshore Wind is a joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries Ltd.