1 Day
Source:
The Boston Globe
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Eversource faces major offshore wind losses
Eversource reported a $164 million charge due to delays and construction costs overruns on the Revolution Wind offshore energy project caused by federal stop-work orders from the Trump administration. Although nearly complete, the project, which is expected to generate power for 350,000 homes, faced delays impacting its completion timeline. Eversource remains optimistic about finishing the project by year-end and is involved in additional transmission upgrades in Maine and New Hampshire.
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