DONG Energy has announced that the company has taken over RES Americas Developments Inc.’s (RES) development project rights off the coast of New Jersey. The New Jersey lease area, which was acquired by RES during the offshore wind auction held by BOEM on November 9, 2015, was legally taken over by DONG Energy on May 11, 2016.
RES Americas will continue to support the development of the lease area as agreed with DONG Energy. The New Jersey lease area, which the company has named Ocean Wind, has a total size of 160,480 acres and is located approximately ten nautical miles offshore and has the potential to accommodate more than 1000MW of offshore wind. The New Jersey lease is the second US lease area for DONG Energy. The acquisition of the company’s first US lease area was approved by BOEM in June 2015 along the coast of Massachusetts.