Anbaric submits offshore wind transmission bids
Anbaric Development Partners
has submitted to PJM a portfolio of 19 projects to deliver offshore wind
into New Jersey, including a transmission network that aims to maximise
the delivery of offshore wind into the grid.
PJM is conducting this procurement on behalf of the New Jersey Board of
Public Utilities (NJBPU). Anbaric partnered in its submission with Ferreira
Construction, a New Jersey utility and civil contractor, and Anbaric’s
investor, the Ontario Teachers’ Pension Plan (Ontario Teachers’).
Among its bids, Anbaric has included the Boardwalk Powerlink Project, which
delivers up to 2,800 MW of offshore wind to the Deans substation in South
Brunswick, New Jersey. Anbaric has been developing this project for almost
eight years and the project is largely designed and permitted, providing
a shovel-ready project option.
“We are honored to participate in this remarkable procurement and to showcase
the critical role transmission will play in New Jersey’s clean energy
future,” said Janice Fuller, President, Mid-Atlantic for Anbaric.
“This solicitation embodies Governor Murphy’s nation-leading commitment
to scale the offshore wind industry while also achieving aggressive clean
energy goals set forth by the Administration and boosting investment in
the State. Anbaric’s suite of proposals present the lowest-cost, most
efficient way to proceed with offshore wind transmission: an open-access,
planned system modeled after successful systems already in operation in
Europe that we have been advocating for here in New Jersey. If transmission
infrastructure can reduce costs and fortify the grid in Great Britain,
the Netherlands, and Germany, it can do that here.”
Also included in Anbaric’s bid package is a commitment of approximately
$5 million in community grants for STEM programs.
“Ontario Teachers’ is pleased to invest in Anbaric and be a partner on
this transformative bid application. Recognizing the long-term transmission
needs associated with the clean energy transition, Ontario Teachers’ invested
in Anbaric four years ago as the company first proposed a clean ocean grid
and began working to develop projects that aligned with that vision. Ontario
Teachers’ and Anbaric are committed to the development of cost-efficient
clean energy to address the immediate threat of climate change,” said
Chris Ireland, Managing Director, Greenfield Investments and Renewables
at Ontario Teachers’.
“Ferreira is committed to making New Jersey’s clean energy goals a reality,”
said Nelson Ferreira, President, CEO and Founder of Ferreira Construction.
“This submission offers one of the state’s best opportunities to make
that happen. It’s forward-thinking, environmentally conscious, and works
on a scale we have not seen before. We are honored to be a partner in this
endeavor and look forward to getting to work should this submission be
chosen.”
As announced earlier this year, Anbaric engaged DNV, to help develop the
solutions put forth in the bids submitted.
