United States: TotalEnergies Joins Forces With Corio and Rise to Develop 3+ GW Wind Project Offshore New York & New Jersey
23 Outubro 2023 - 4:13AM
Business Wire
Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) today announces
it partnered with Corio Generation (Corio), an offshore wind
developer, and Rise Light & Power (Rise), a New York-based
electricity producer, for the joint development of the Attentive
Energy offshore wind project off the coast of New York and New
Jersey.
Corio and Rise took respective stakes of 27.7% and 16.3% in the
Attentive Energy project. Rise will also contribute its assets and
interconnection capabilities in New York City to the project. In
exchange, TotalEnergies, which retains the remaining 56%, received
a total cash consideration of $420 million. TotalEnergies had
secured, in February 2022, 100% of maritime lease OCS-A 0538 at the
New York Bight auction.
The Attentive Energy project aims to develop more than 3
gigawatts (GW) of offshore wind located 54 miles from New York
State and 42 miles from New Jersey shores. Once built, the project
will provide green electricity for more than a million homes across
the two states.
The alliance of three leaders for an integrated and
innovative offshore wind project
Through this partnership, TotalEnergies reinforces its ability,
as operator, to deliver a robust offshore wind project with
attractive returns, which will help supply green electricity to New
York City. Under the terms of the agreement, Rise will manage the
project’s interconnection at its Ravenswood Generating Station and
begin the retirement of its gas generators. This iconic site, a
pillar of New York City's energy system, will be transformed into a
green energy hub where Attentive Energy will base its operations
and maintenance activities.
Corio will bring its extensive experience as a global offshore
wind developer. With over 30 GW under development in Europe,
Asia-Pacific and the Americas, Corio owns one of the world’s
largest offshore wind project portfolios.
“TotalEnergies is delighted to partner with Corio and Rise to
profitably develop a major offshore wind project that will provide
greener electricity to the residents of New York and New Jersey”,
said Vincent Stoquart, Senior Vice President Renewables at
TotalEnergies. “This partnership reinforces TotalEnergies’
capacity to actively develop its presence in the U.S. renewables
space where the Company has a 25 GW portfolio of projects, in
operation or development, including 4 GW in offshore wind. We are
also happy to contribute, through the Attentive Energy project, to
the reduction of greenhouse gas emissions in New York and New
Jersey, and support the U.S. government’s goal to develop 30 GW of
offshore wind in the country by 2030.”
***
TotalEnergies and offshore wind TotalEnergies’ portfolio
in offshore wind has a total capacity of more than 13 GW, with most
farms bottom-fixed. These projects are located in the United
Kingdom (Seagreen, Outer Dowsing, West of Orkney, Erebus), South
Korea (Bada), Taiwan (Yunlin, Haiding 2), France (Eolmed), the
United States (Attentive Energy and North Carolina), and Germany
(N-12.1 and 0-2.2).
TotalEnergies and electricity As part of its ambition to get to
net zero by 2050, TotalEnergies is building a world class
cost-competitive portfolio combining renewables (solar, onshore and
offshore wind) and flexible assets (CCGT, storage) to deliver clean
firm power to its customers. In 2022, TotalEnergies generated more
than 33 TWh of electricity, and had a gross renewable electricity
generation installed capacity of 17 GW. TotalEnergies will continue
to expand this business to grow its power generation to more than
100 TWh by 2030, with the objective of being among the world's top
5 producers of electricity from wind and solar energy.
About TotalEnergies TotalEnergies is a global
multi-energy company that produces and markets energies: oil and
biofuels, natural gas and green gases, renewables and electricity.
Our more than 100,000 employees are committed to energy that is
ever more affordable, cleaner, more reliable and accessible to as
many people as possible. Active in nearly 130 countries,
TotalEnergies puts sustainable development in all its dimensions at
the heart of its projects and operations to contribute to the
well-being of people.
@TotalEnergies | TotalEnergies | TotalEnergies
| TotalEnergies
Cautionary Note The terms “TotalEnergies”, “TotalEnergies
company” or “Company” in this document are used to designate
TotalEnergies SE and the consolidated entities that are directly or
indirectly controlled by TotalEnergies SE. Likewise, the words
“we”, “us” and “our” may also be used to refer to these entities or
to their employees. The entities in which TotalEnergies SE directly
or indirectly owns a shareholding are separate legal entities. This
document may contain forward-looking information and statements
that are based on a number of economic data and assumptions made in
a given economic, competitive and regulatory environment. They may
prove to be inaccurate in the future and are subject to a number of
risk factors. Neither TotalEnergies SE nor any of its subsidiaries
assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this
document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the
most recent Universal Registration Document, the French-language
version of which is filed by TotalEnergies SE with the French
securities regulator Autorité des Marchés Financiers (AMF), and in
the Form 20-F filed with the United States Securities and Exchange
Commission (SEC).
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