Revolution Wind has installed its final turbine, a September 18 milestone for the offshore project supplying power under fixed-price, 20-year agreements with utilities in Rhode Island and Connecticut.
Gov. Dan McKee's announcement said all 65 turbines were standing. The project has 704 megawatts of capacity, with 400 megawatts committed to Rhode Island and 304 to Connecticut, according to Connecticut's announcement of the installation.
The contract and the construction milestone are separate parts of the project. The long-term agreements govern the sale of its power. Installing every turbine advances construction, but does not by itself establish that the entire wind farm has reached full commercial operation.
The developer announced March 13 that Revolution Wind had started delivering electricity to New England's grid. Its statement described the project as a joint venture equally owned by Orsted and Skyborn Renewables, a Global Infrastructure Partners company.
Connecticut officials have cited an estimate that the project could lower regional wholesale electricity costs by as much as $500 million annually once fully operating. That is a modeled regional market effect, rather than a promised reduction on each Rhode Island household's electric bill.
McKee described the final installation as progress toward more local generation and a more reliable supply. The September announcements place the existing power agreements alongside a completed turbine-installation stage; they do not announce a newly signed Rhode Island contract.
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