Equinor, BP scrap contract for offshore wind project in Long Beach
The companies say rising costs of materials and inflation are to blame.
•
Jan 4, 2024, 3:31 AM
•
Updated 309 days ago
Share:
More Stories
2:09
Town property tax hikes proposed across Suffolk County
18h ago0:34
'Truckers for Turkeys' event helps Long Island families experiencing food insecurity
4ds ago1:45
Fall Back: An inside look at Suffolk County Community College's food pantry
9ds ago2:03
Nonprofit Love, Nana donates thousands of baby clothing and toys to families in need
10ds ago0:37
Planting Fields foundation in Oyster Bay celebrates $2,000,000 in improvements as part of a 4-year project plan
13ds ago1:49
Judge rules in favor of Village of Freeport over control of Cleveland Avenue Field
14ds ago2:09
Town property tax hikes proposed across Suffolk County
18h ago0:34
'Truckers for Turkeys' event helps Long Island families experiencing food insecurity
4ds ago1:45
Fall Back: An inside look at Suffolk County Community College's food pantry
9ds ago2:03
Nonprofit Love, Nana donates thousands of baby clothing and toys to families in need
10ds ago0:37
Planting Fields foundation in Oyster Bay celebrates $2,000,000 in improvements as part of a 4-year project plan
13ds ago1:49
Judge rules in favor of Village of Freeport over control of Cleveland Avenue Field
14ds agoThe developers of an offshore wind project in Long Beach are terminating their agreement with the state.
Equinor and BP are scrapping their contract for the Empire Two Wind project to "reset." They say rising costs of materials and inflation are to blame.
Green energy advocates say it is a setback, but not surprising.
"Really what's happening here is pretty much what we expected," says Adrienne Esposito, of Citizens Campaign for the Environment. "Because of inflation costs, because of their challenges in routing the cable route through Long Beach, they've decided to withdraw it, regroup and will probably submit later this year."
A spokesperson for Equinor tells News 12 that the company is carefully reconsidering the state's request for a proposal.
More from News 12
2:17
Dry and windy weather enhances risk of fires spread on Long Island; wet weather arrives this weekend
1:57
Police: Two men arrested in connection with street takeover in Islip
0:19
A green giant: This year's 74-foot Rockefeller Center Christmas tree is en route from Massachusetts
1:09
The East End: Cranberry Bog Nature Preserve
0:48
Attorney General Letitia James condemns racist text messages sent to New Yorkers
1:37
