The state Port Authority is planning to request an additional $30 million in bonding to complete the state pier project, pushing the total cost to $300 million. The goal of the state pier project is to upgrade the facility to accommodate a wind power hub servicing offshore wind farms that would bring power to Connecticut and the region. Of that $255.5 million, $77.5 million has been borne by Eversource and Ørsted, the power companies that will run the windfarms and pier once they are built. That $77.5 million contribution will increase by $23.75 million, a bit more than half of the additional $47 million cost of the project. The Port Authority will request the other half, $23.5 million, plus a $6 million contingency from the state. The first wind project, which had been expected to be operational this year, will consist of 12 turbines supplying energy to 70,000 homes on Long Island’s south fork. Two years later, another 65 turbines are expected to provide energy to 350,000 homes in Connecticut and Rhode Island. Another 84 turbines should go operational that year, providing energy to 600,000 homes in New York state. The state pier would act as a staging ground for all those projects during both construction and operation.
https://www.stamfordadvocate.com/connecticut/article/ct-state-pier-project-18125732.php?src=sthppromostrip