First US-Built Boat Servicing Offshore Wind Farms Is Ready to Launch [BNN Bloomberg (Canada)]
Eversource Energy (D/B/A) (ES)
Last eversource energy (d/b/a) earnings: 2/19 04:15 pm
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Source: BNN Bloomberg
Saturday in New Orleans with Republican and Democratic lawmakers looking on — a show of bipartisan support for an industry that GOP presidential candidate Donald Trump frequently attacks. The 262-foot Eco Edison, bobbing in the muddy waters of the Mississippi River, is the first US-built vessel for maintaining offshore wind farms. It was built by Danish energy giant Orsted AS and Massachusetts utility Eversource Energy to service their projects in the Northeast and is a sign of the companies' commitment to an industry that's struggled to grow in the face of supply and cost headwinds. “It's a real milestone” for the sector, David Hardy, head of Orsted's North America offshore wind business, said in an interview before the event. “It's really symbolic of what's to come.” Although offshore wind is long established in Europe, the US only completed its first utility-scale farms earlier this year. The industry has been beset in recent years by inflation, supply chain kinks and local p
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