Equinor Secures $3 Billion Financing for New York’s ‘Empire Wind 1’ Project

Equinor has secured over $3 billion in project financing for its Empire Wind 1 project, marking a significant milestone in U.S. offshore wind development. The project, which reached financial close in December 2024, will power 500,000 New York homes when it becomes commercially operational in 2027. Located 15-30 miles southeast…

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