Deepwater Wind sold to foreign interests

Another Deepwater Remnant Gone




Deepwater Wind, which brought the nation’s first wind farm online and planned to become a major player in the industry, is gone – sold to foreign interests. Now its infrastructure is dismantling.

Today, July 23, Ørsted — the company that purchased Deepwater Wind — announced that co-CEO Jeffrey Grybowski, who headed Deepwater, has stepped down from his role at the Danish oil and gas giant, which is 50 percent owned by the government of Denmark.

The company said in a statement, “Since Ørsted acquired Deepwater Wind in November 2018, Jeff worked with Thomas Brostrøm, CEO of U.S. Offshore Wind and President of Ørsted North America, to integrate the people and projects of the leading U.S. offshore wind development company into the larger Ørsted global operation.”

With the initial integration of the two companies now complete, highlighted by Ørsted’s winning bids for offshore wind in Connecticut, New Jersey, and New York, Grybowski leaves the company after more than a decade in the offshore wind industry. Ørsted, since acquiring Deepwater, has sold a 50 percent stake in the company to Eversource, a New England power company. The new company announced earlier this week plans to build 100-plus wind turbines under the Sunrise banner.

The energy will ship west via a cable that makes land in Brookhaven and then travels via underground cable to Holbrook.