Sunrise Wind LLC to file Preliminary Injunction Against Lease Suspension Order
Source: EQS|
Ørsted A/S (Orsted)
Today, Sunrise Wind LLC (“Sunrise Wind”), a wholly owned subsidiary of Ørsted, will file a complaint in the While Sunrise Wind continues to seek to work constructively with the Administration and other stakeholders towards an expeditious and durable resolution of this matter, it believes that the lease suspension order violates applicable law. Sunrise Wind secured all required local, state, and federal permits, following extensive multi-year reviews. As a requirement of the permitting process, the Project engaged in years-long consultation with the Sunrise Wind has spent and committed billions of dollars in reliance upon, and has met the requests of, a thorough review process. Additional federal reviews and approvals included the The Project is in advanced stages of construction and is nearly 45 percent complete. The Project has installed 44 of 84 monopile foundations as well as the offshore converter station. Construction of the onshore electric infrastructure is substantially complete, and near-shore export cables have been installed. At the time of the lease suspension order, the Project was expected to begin generating power as soon as At a time of increasing energy demand, the Project will deliver reliable power and increased stability to the electric grid with industry experts forecasting that ratepayers could face increased risks to reliability without the completion of Sunrise Wind. The Project will deliver affordable power at a stable rate to nearly 600,000 homes once fully operational in 2027 under a 25-year contract with the Sunrise Wind has supported thousands of American jobs across construction, operations, shipbuilding, and manufacturing, including more than 1,000 union workers who have already contributed more than 1 million union work hours to this project. Sunrise Wind is a part of Ørsted’s investment into American energy generation, grid upgrades, and port infrastructure, as well as a supply chain, including On For further information, please contact: Ørsted Global Media Relations About Ørsted AttachmentsNews Source: Ørsted A/S Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. View original content: |
| ISIN: | DK0060094928 |
| Category Code: | MSCL |
| TIDM: | Orsted |
| LEI Code: | W9NG6WMZIYEU8VEDOG48 |
| Sequence No.: | 413934 |
| EQS News ID: | 2255730 |
| End of Announcement | |
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