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Conn. regulators approve Ørsted's 20-year power contract for offshore wind

Connecticut's Public Utilities Regulatory Authority approved Ørsted US Offshore Wind's 20-year power purchase agreement with Eversource Energy and Avangrid Inc. subsidiary United Illuminating Co. for the 200-MW output of the Revolution Wind Offshore project.

Ørsted will start installation work on the 600-MW offshore wind farm in 2022, with a target project operations date in 2023. The remaining 400 MW of output will be delivered to Rhode Island.

Designed to serve as a regional energy center, the project will be in federal waters roughly halfway between Montauk, N.Y., and Martha's Vineyard, Mass. Ørsted has started offshore oceanographic and geophysical survey work for the facility.

Ørsted A/S acquired U.S. offshore wind developer Deepwater Wind in October to form Ørsted US Offshore Wind. The newly formed company has headquarters in Boston, Mass., and Providence, R.I.