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NJBPU Announces Award of Additional Offshore Wind Projects

January 25, 2024
By Alan P. Fox, Esq.

The New Jersey Board of Public Utilities (NJBPU)  awarded a combined 3,742 MW of offshore wind capacity to Invenergy and energyRE’s Leading Light Wind Project and Attentive Energy LLC’s Attentive Energy Two Project, advancing the State’s progress toward a 100% clean energy economy by 2035. “Today’s Third Solicitation awards are undeniable proof that the future of offshore wind in New Jersey is as strong as ever,” said Governor Phil Murphy. “This portfolio of projects collectively represents what offshore wind offers – clean energy that will yield environmental benefits for generations to come, economic benefits to boost New Jersey’s economy for decades, and thousands of good-paying, family-sustaining jobs,” said NJBPU President Christine Guhl-Sadovy.

The NJ DEP disclosed that both projects have committed to supporting the establishment of a tower manufacturer at the New Jersey Wind Port in addition to sourcing monopiles from, and investing in, the expansion of the EEW monopile facility at the Port of Paulsboro. Together, the projects are estimated to create more than 27,000 direct, indirect, and induced full-time equivalent job years.

The NJBPU announced that the total bill impact of the two projects for residential customers will be $6.84 per month, beginning only once these offshore wind facilities are operational and delivering clean electricity to the New Jersey grid.

New Jersey is developing the nation’s first purpose-built New Jersey Wind Port in Salem County, establishing a Wind Institute administered by New Jersey’s Economic Development Authority to coordinate workforce development and research and development in offshore wind, and making a $250 million investment in the Port of Paulsboro to establish a monopile manufacturing facility.

Governor Murphy directed the NJBPU to accelerate the State’s fourth offshore wind solicitation, with project awards anticipated in early 2025.

 

For more information about our legal representation related to New Jersey’s offshore wind program, please feel free to contact Alan P. Fox, Esq.

About the Author:

Alan P. Fox

Chair, Alternative Energy and Co-Chair, Real Estate & Land Use Practice


Mr. Fox focuses his practice on alternative energy (including wind and solar), banking, bankruptcy, creditors’ rights, workouts, commercial and transportation litigation, commercial transactions, business/corporate law, commercial and residential real estate, zoning and land use law.

Mr. Fox has developed his practice in the areas of commercial litigation, commercial transactions, bankruptcy, business law, real estate, real estate tax appeals, renewable energy law, zoning and land use law. He represents both lenders and borrowers in commercial lending. He has over 30 years of experience presenting land use applications before zoning and planning boards, including 8 years as the solicitor for the Riverside Township Land Use Board. He has litigated zoning matters at the appellate level. He successfully won a railroad condemnation case for a Class 1 railroad before the NJ Supreme Court.

His commercial real estate practice covers shopping centers, restaurants, retail, office buildings, manufacturing, warehouses and residential developments, as well as net metering and community solar energy projects. He navigates his clients through the local, county and the state regulatory permits and approvals process.

Currently, his alternative energy practice has expanded into transactions related to and obtaining zoning approvals for photovoltaic solar electric production systems in New Jersey, as well as transactional documents for solar projects including options and purchase agreements, easements, PPAs and related documents. His alternative energy practice is expanding into more growth opportunities including electric vehicle charging stations, development of the Offshore Wind industry and battery storage for alternative energy projects.

Mr. Fox’s commercial litigation experience covers a wide variety of industries, including banking, landscape, manufacturing,  construction, automotive retail, real estate development, wholesale floral and solar energy projects. He also assists creditors with collections under notes and loan agreements, security agreements, mortgage foreclosure, replevin or assignments of rents. His representation of creditors in the bankruptcy court includes negotiating cash collateral agreements, stay relief motions, defending preference actions, non-dischargeability issues, rejection/assumption of executor contract or lease issues.

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