By Reuters Staff
2 Min Read
OSLO (Reuters) - Norwegian energy major Equinor clinched a contract to supply offshore wind energy to New York state from two projects it is developing off Long Island, state and company officials said on Wednesday.
Slideshow ( 2 images )
The agreement represented the largest single procurement of renewable energy by a U.S. state so far, according to a statement from New York Governor Andrew Cuomo’s office.
As part of the deal, Equinor will invest an undisclosed sum to help upgrade two ports, the Port of Albany and South Brooklyn Marine Terminal, to support the expected boom in the nascent U.S. industry.