Utiiity firm, ranked No. 12 on ENR's Top 425 Owners list, begins building in May its 2.6-GW giant, set to be the largest offshore wind project in the U.S. when finished.
Construction-in-progress spending climbs higher, with Top 25 firms accounting for 60%, as economists predict a megaproject boom will compound resource challenges.
But project development continues in the state—with builder Skanska gaining a $861M NYC port upgrade contract—and in the US, with federal lease auctions now set for offshore Maine and Oregon as first of 12
through 2028, and NJ announcing it will seek up to 4 GW capacity add.
Owners Pembina Pipeline and the Haisla Nation say it has some of the sector's most innovative emissions control technologies, but not enough to appease environmental-advocate opponents.
Entergy says barge-mounted power plant in Port Fourchon would withstand weather risks, but fossil fuel opponents are set to voice key concerns to regulators.