TotalEnergies will develop a more than 3 GW offshore wind project in the US

The French energy group TotalEnergies has partnered with Corio Generation and the US power producer Rise Light & Power (Rise) for the joint development of the Attentive Energy offshore wind project, which will be located off the coast of New York and New Jersey (United States) and will deliver more than 3 GW of offshore wind capacity.

The project, which will be developed 87 km off New York State and 68 km off New Jersey State, is expected to generate enough power to supply more than one million US households. Corio and Rise took respective stakes of 27.7% and 16.3% in the Attentive Energy project, while TotalEnergies will retain the remaining 56% and received a cash consideration of US$420m. Under the terms of the agreement, Rise will manage the project’s interconnection at its Ravenswood Generating Station.

At the federal level, the United States targets 30 GW of offshore wind capacity by 2030 and 15 GW of floating offshore wind capacity by 2035 (only 42 MW were operational at the end of 2022).