Lamont: New London to reap profits from redeveloped State Pier

Global offshore wind energy producer Ørsted is currently developing a 300-megawatt revolution wind farm in New London. The project is expected to generate almost $32 million in local investments, in addition to over $4.5 million in grants supporting workforce and supply chain studies, research and science, technology, engineering and mathematics (STEM) education at regional institutions. The wind farm, located 40 miles from Connecticut’s coast, will be completed by 2023 and is expected to create 300-plus development and construction jobs.

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