South Fork Wind and Revolution Wind projects
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Eversource Energy Provides Update on Offshore Wind Liability
Businesswireยท 2025-10-14 10:45
Core Viewpoint - Eversource Energy has increased its liability related to future payments to Global Infrastructure Partners by approximately $285 million as part of the sale of the South Fork Wind and Revolution Wind projects, expected to close on September 30, 2024 [1] Financial Implications - The company anticipates realizing an approximate $210 million federal tax benefit associated with tax losses from the sales of the Offshore Wind Projects [1]