2 offshore wind projects move forward despite Trump's threats
An offshore wind project serving Rhode Island and Connecticut is 75 percent complete, and a second facility off of New York is more than a third done, Ørsted said Wednesday.
The fate of Ørsted's U.S. projects have been the subject of intense speculation following the Interior Department's decision last month to halt work on a competitor's offshore wind facility in New York called Empire Wind.
Ørsted CEO Rasmus Errboe told financial analysts during the company's quarterly earnings call Wednesday that the Danish wind developer was in 'ongoing, constructive dialog' with the Bureau of Ocean Energy Management, the division of the Interior Department that oversees offshore wind permitting.
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'I'm not going to speculate about potential regulatory changes in the U.S. that is outside of our control,' he said. 'Our two projects have completed multiyear reviews and have also followed all state and federal procedures.'
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