Ørsted to acquire Eversource's 50% stake in Sunrise Wind (924 MW) contingent on NY 4 award

EVERSOURCE ENERGY

Ørsted signs agreement to buy Eversource's 50% share of Sunrise Wind (924 MW offshore wind farm for New York).
Acquisition conditional on Sunrise Wind winning NY 4 solicitation, signing OREC contract, regulatory approvals.
If not awarded, existing OREC cancelled; Ørsted-Eversource 50/50 JV remains in place.
Sunrise Wind expected to be completed in 2026 if awarded; final federal permits expected summer 2024.

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