BROOKHAVEN IDA CLOSES ON ECONOMIC BENEFITS PACT ASSISTING SUNRISE WIND TRANSMISSION PROJECT

08/04/23

FARMINGVILLE, NY – Frederick C. Braun III, Chairman of the Town of Brookhaven Industrial Development Agency (IDA) announced that the Agency has closed on an agreement that will provide economic development incentives for Sunrise Wind’s transmission project that will carry offshore wind-generated electric power.
The benefits, approved by the IDA at its Dec. 7, 2022, meeting, will assist Sunrise Wind LLC in constructing 18 miles of on-land transmission capabilities to a LIPA site in Holbrook.
The closing took place on July 21, 2023.
The Sunrise Wind project, an offshore wind farm about 30 miles east of Montauk Point, will provide clean energy to nearly 600,000 homes in New York State. The wind farm is expected to be fully operational by the end of 2025.
Melville-based Haugland Energy Group LLC, an affiliate of Haugland Group LLC, which has been contracted to install the underground duct bank system for the wind farm’s onshore transmission line in Brookhaven, Suffolk County, is expected to create more than 400 jobs.
Sunrise Wind is a joint venture of Ørsted, a leading global clean energy company, and Eversource, a New England utility company. The venture also is developing the now-under-construction 132MW South Fork Wind Farm, which is expected to be in operation by the end of 2023.
“We’re extremely pleased to continue to play a key role in the Town’s clean energy leadership. This project will bring new investment to the town and many good-paying jobs. We are proud to work with Ørsted and Eversource on the Sunrise Wind project and look forward to seeing this transmission cable providing critical support for the regional development of offshore wind,” said Braun.
About the Town of Brookhaven Industrial Development Agency
Since 1970, the mission of the Town of Brookhaven Industrial Development Agency is to improve the quality of life for Brookhaven residents by promoting and assisting the growth of businesses that support the Town through capital investment and the creation and retention of jobs. The IDA has issued millions of dollars in tax-exempt or taxable bonds and provided assistance through straight lease deals to encourage companies to either locate or expand in the Town of Brookhaven. This assistance has been extended to companies both large and small and has resulted in the direct creation of thousands of jobs for Brookhaven residents. The IDA has provided assistance to a wide range of companies, including Shoreham Energy LLC, Burmax, Intercounty Appliance, Suffolk Transportation, Tate’s Holding Co. and D&F Patchogue. For more information, visit BrookhavenIDA.org or call 631-406-4244.

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