Flagship push in US offshore: how Ørsted’s Sunrise Wind is meant to anchor New York’s energy shift

Edited by ad hoc news Flagship & Bestseller Desk. Reviewed before publication on 06/15/2026 at 3:15 PM ET. Details in the imprint.

With a planned capacity of about 924 MW, Sunrise Wind is designed to be one of New York State’s largest offshore wind farms and a flagship project in Ørsted’s US portfolio, targeting enough clean electricity to power nearly 600,000 homes when fully operational. Ørsted’s official Sunrise Wind project page describes the site as a cornerstone of the state’s climate strategy under the New York Climate Leadership and Community Protection Act.

What Sunrise Wind is built to deliver

Sunrise Wind is planned as an offshore wind farm located more than 30 miles (roughly 48 kilometers) east of Montauk Point on Long Island, in federal waters of the Atlantic Ocean, with transmission cables landing on Long Island to feed into the New York grid. According to the project documentation, the development is being advanced through a 50-50 partnership between Danish-based Ørsted and US utility Eversource, under a long-term offtake agreement with the New York State Energy Research and Development Authority (NYSERDA), positioning it as a contracted infrastructure asset once in operation.

The project is designed to support New York’s mandated goal of securing 9,000 MW of offshore wind capacity by 2035, complementing Ørsted’s other US East Coast projects such as South Fork Wind and Revolution Wind in building scale in the region. In public materials, Ørsted highlights that construction of Sunrise Wind is expected to generate several hundred direct jobs in construction, port operations, and ongoing maintenance, while also stimulating investments in onshore substations and grid upgrades linked to the project’s export cable route.

From a technical perspective, Sunrise Wind is scoped around a single large offshore lease area with a layout of multiple utility-scale turbines, each expected to be in the multi-megawatt class typical of current Atlantic installations, and interconnected via subsea array cables to an offshore substation that will step up the voltage before transmission to shore. The project partners emphasize that the location more than 30 miles offshore is intended to reduce onshore visual impact while taking advantage of stronger and more consistent ocean wind resources, which can improve capacity factors compared with nearshore or land-based sites in the region.

To support the build-out, Sunrise Wind is tied into commitments for local supply chain development and port investments in New York, with Ørsted and Eversource having referenced plans for using staging and operations facilities in the state to handle turbine components, crew transfers, and long-term service work. For New York policymakers, these industrial and employment side-effects are an important part of the project’s value proposition, sitting alongside emissions reductions from replacing fossil-based generation on the grid with zero-operational-emission offshore wind power.

For Ørsted, Sunrise Wind sits among its largest planned US offshore wind assets and is intended to strengthen the company’s long-duration contracted earnings base once in service, adding another multi-hundred-megawatt project to its American portfolio at a time when the group continues to prioritize renewables growth over legacy fossil activities. According to Ørsted’s investor communications, US offshore wind remains one of several regional pillars for the company, alongside European offshore projects and onshore renewables platforms. An Ørsted newsroom update has reiterated that the company continues to see strategic value in key US offshore projects despite broader sector volatility.

Within the company’s broader capital allocation, Sunrise Wind is planned to contribute to Ørsted’s long-term ambition of building tens of gigawatts of renewable capacity globally, which is intended to underpin more stable cash flows from regulated or contracted assets. In investor-facing materials, Ørsted has indicated that large offshore wind farms such as Sunrise Wind, once operational, can provide predictable revenue visibility over multi-decade power purchase agreements, which is particularly relevant for a business model centered on infrastructure-like return profiles rather than short-cycle commodity exposure. The company’s investor relations site emphasizes contracted renewables as a key driver of its financial targets.

At the capital markets level, Sunrise Wind is one of several reference projects investors use to gauge the scale and risk profile of Ørsted’s US offshore pipeline, with factors such as construction timing, cost discipline, and regulatory support closely watched. Shares of Ørsted (ISIN DK0060094928) are listed on Nasdaq Copenhagen, where the stock most recently traded in Danish kroner, giving global investors direct exposure to the company’s portfolio of offshore and onshore renewable assets, including its planned US offshore wind farms such as Sunrise Wind.

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