Orsted and Eversource Welcome Local Community to Future New London Office

Today, the Ørsted and Eversource Joint Venture (JV) officially marked the arrival of their first Connecticut office in downtown New London. Members of the Ørsted and Eversource Joint Venture joined alongside their future neighbors and the New London business community at a ceremonial groundbreaking event at the Muddy Waters Café at 42 Bank Street. 

“The governor, port authority, city and local industry leaders have been fantastic partners, and we are looking forward to beginning constructions on Connecticut’s first offshore wind projects,” said Thomas Brostrøm, President of Ørsted North America. “It’s time to set up a permanent presence for the JV in New London, and I can think of no better place than in a historic downtown building with views of State Pier.” 
 
The new JV office will occupy the 2nd and 3rd floors of 42 Bank Street, with a total size of roughly 3,000 square feet. The office will host two conference spaces and private offices. The lease for the property was signed in December of 2018 and will run for at least five years.  
 
“Offshore wind is an incredible opportunity for Connecticut, and this office will be instrumental as we carry out our current wind procurement contracts,” said Eversource Vice President of Offshore Wind Michael Auseré. “The Revolution Wind project will deliver 300 MW of offshore wind power to Connecticut, enough to power over 125,000 homes.” 
 
The JV’s commitments to Connecticut include a $93 million dollar public-private partnership with the state to drive infrastructure improvements at State Pier that will modernize the facility for modern cargo and support the maximum utilization of the space. Additional commitments have been made in the form of grants and funding to support local industries and nonprofit organizations.  
 
“New London was founded as a whaling city, we used to light homes with oil brought in by ships, said Barry Neistat, co-owner of the Muddy Waters Café. “It’s time for New London to once again light our homes with energy from offshore. Ørsted and Eversource felt that the second and third floors of my building would be the perfect place to fully connect with the New London community. I’m looking forward to welcoming them as our neighbor in the coming months.” 
 
Renovation of the office is expected to be completed in Q2020, including structural repairs and the installation of a back deck. Current designs maintain the historic facade of the building. Work on  
the property, which was originally constructed in 1830, is being carried out by local contractor David Preka, President and CEO of Advanced Group in Mystic.  
 
About Ørsted U.S. Offshore Wind
Ørsted U.S. Offshore Wind delivers clean, renewable energy along the U.S. Eastern Seaboard. It operates the Block Island Wind Farm, America’s first offshore wind farm, and has been awarded over 2,900 megawatts of capacity through six projects. It is jointly headquartered in Boston, Massachusetts and Providence, Rhode Island and employs more than 100 people. 
 
About Ørsted
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs and operates offshore and onshore wind farms, bioenergy plants and innovative waste-to-energy solutions and provides smart energy products to its customers. Headquartered in Denmark, Ørsted employs 6,080 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2018, the group’s revenue was DKK 76.9 billion (EUR 10.7 billion). For more information on Ørsted, visit orsted.com or follow us on FacebookLinkedInInstagram and Twitter
 
About Eversource
Eversource (NYSE: ES) transmits and delivers electricity and natural gas and supplies water to approximately 4 million customers in Connecticut, Massachusetts and New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of its more than 8,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. For more information, please visit the company’s website (www.eversource.com) and follow along on Twitter (@EversourceCorp) and Facebook (facebook.com/EversourceEnergy). For more information on water services, visit www.aquarionwater.com

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