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Eversource will pay about $225 million for a 50 percent interest in Revolution Wind and in the 135MW South Fork Wind Farm being developed off the Long Island coast.
Jeffrey Grybowski, CEO of Deepwater Wind, said the deal combines "two great teams to realize an enormous clean energy resource for coastal populations in the U.S."
A recent Request for Proposals for a Connecticut offshore wind project has resulted in a pair of offers from rival energy developers.