New London secures host agreement with offshore wind partners

3 Mar 2021

Maritime Industry

 A nearly yearlong stalemate ended on Friday with the signing of a host community agreement between the city and Ørsted and Eversource, the joint venture partners planning to use State Pier in New London as a hub for the offshore wind industry.

Mayor Michael Passero signed an agreement that would secure at least $750,000 per year to the city over a seven-year period, if the project is developed as planned, with provisions for extensions up to 10 years.

Click here for the full article