There are “roughly about three dozen” people working at the pier to assemble the 12 turbines for the 130 megawatt South Fork Wind, Hammond told the board’s finance committee during a Tuesday meeting. A representative for the partnership of Eversource and Ørsted said there are 20 to 30 people involved in unloading the ship – mostly longshoremen – and they anticipate 60 to 80 in total working on South Fork at the pier.
Eversource Energy is taking a $331 million second-quarter impairment on its offshore wind assets as it readies to sell its share of three Northeast projects under development. The anticipated loss is up from May when Eversource (NYSE: ES) estimated a $220 million to $280 million haircut in connection with its long-anticipated exit from a joint venture with Ørsted, the Danish offshore wind giant. In Monday's earnings call with analysts, Eversource CEO Joe Nolan said the company is "on the one-yard-line" of executing a deal to sell its 50% share in South Fork, Revolution, and Sunrise Wind, but did not disclose the name of the buyer.
Operator: Hello, everyone, and welcome to Eversource Energy’s Second Quarter 2023 Earnings Call. My name is Emily, and I’ll be coordinating your call today.
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