Revolution Wind

Eversource Energy
Eversource to Boost Grid Investments by $1.9B After Exiting Wind, Water
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
Ørsted
Equinor, Ørsted, Vestas Say US OSW Market in Trouble
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Ørsted
Ørsted Replaces CEO Mads Nipper
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
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New England Gas Generation Hit a Record High in 2024
As overall power production ticked up in New England in 2024, natural gas generation reached its highest annual total in the region’s history, accounting for over 55% of all generation and 51% of net energy for load, according to new data from ISO-NE.
NECA
New England Lobbyists Preview 2025 State Legislative Sessions

Government affairs experts previewing New England’s 2025 legislative sessions outlined some key policy overlaps and notable differences among states during a webinar held by the Northeast Energy and Commerce Association.

NYSERDA
Ørsted Takes $1.7B Impairment on US Offshore Wind
Cost increases, delays and diminished value of assets contributed to Ørsted's latest setback — which was announced before President Trump targeted offshore wind in an executive order.
South Fork Wind
Eversource Exit from OSW Drives Q3 Loss
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
Ørsted
Ørsted Values Latest Revolution Wind Setback at $175M
A one-in-a-thousand problem with a key foundation component is the latest setback in U.S. waters for Ørsted and is blamed for its latest nine-digit cost impairment.
Siemens Gamesa
Eversource Takes Another Financial Hit with OSW Exit
Eversource Energy has formally ended its costly foray into offshore wind development, finalizing the sale of its last two offshore assets and predicting a half-billion-dollar loss as a result. 
ISO-NE
ISO-NE Consumer Liaison Group Talks Potential of Offshore Wind
Activists, ISO-NE officials, and state representatives from across New England convened in New London, Conn., to discuss the benefits of offshore wind to the region’s power system.

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