DONG Energy takes over U.S. offshore wind development project in New Jersey

09.02.2016 13:00

DONG Energy has agreed to take over RES Americas Developments Inc.’s (RES) more than 1000MW newly assigned development project rights off the coast of New Jersey.



At the offshore wind auction held by the U.S. Department of Interior's Bureau of Ocean Energy Management (BOEM) on November 9, 2015, RES Americas Development Inc. secured the rights to develop one of the two leases that were awarded. The lease comprises an area that could potentially accommodate more than 1000MW of offshore wind. Following approval from BOEM, the lease will be taken over by DONG Energy, the global market leader in developing, building and operating offshore wind farms. RES Americas will continue to support development of the lease area as agreed with DONG Energy.

The New Jersey lease is the second U.S. lease area for DONG Energy. The acquisition of the company's first U.S. lease area was approved by BOEM in June 2015 along the coast of Massachusetts.

Samuel Leupold, Executive Vice President of Wind Power, said: "The U.S. is an interesting market for offshore wind with the potential to become a significant area for future development. With the takeover of the offshore wind development projects in the U.S., we are broadening our international scope. The site conditions are quite similar to those we currently work with in North-Western Europe which means that the project could be developed using well-known technology."

The New Jersey lease has a total size of 160,480 acres and is located approximately ten nautical miles offshore. The average water depth is approximately 25 meters.