Equinor secures $3bn financing for Empire Wind 1 offshore project
Equinor has secured over $3bn in financing for its Empire Wind 1 offshore wind project, set to be the first to connect to the New York City grid. The project, which will power 500,000 homes in New York, is scheduled to begin operations in 2027. Empire Wind 1, with a capacity of 810 MW, is part of a larger development that includes Empire Wind 2, which could add up to 1.2 GW. The project is…