Equinor secures project financing for Empire Wind 1
Type: Financing · Technology: Offshore Wind · Country: United States · Capacity: 810 MW · Announced: 2024-12-31
Equinor ASA reached financial close on a project financing package of over USD 3 billion for its 810 MW Empire Wind 1 offshore wind project, with total expected capital investments of approximately USD 5 billion and commercial operation targeted in 2027.
Counterparties
- Equinor ASA (Developer)
- Group of lenders (including Equinor's relationship banks and experienced sector lenders) (Lender)
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