BALTIMORE, MD (July 23, 2019) – Tradepoint Atlantic, a 3,300-acre global logistics center in Baltimore County, Maryland, today announced a landmark agreement with Ørsted U.S. Offshore Wind to develop Maryland’s first offshore wind energy staging center. Establishing a world-class, state-of-the-art facility for offshore wind at Tradepoint Atlantic marks a major milestone in the development of Ørsted’s Skipjack offshore wind farm located 19.5 miles off Maryland’s coast, and the expansion of the offshore wind energy workforce in Maryland. The announcement was made this morning at a press conference attended by Tradepoint Atlantic and Ørsted executives, Maryland Lt. Governor Boyd Rutherford, and Baltimore County Executive Johnny Olszewski Jr.
“Today’s announcement is tremendously exciting and important, not only for the further development of Tradepoint Atlantic and Ørsted’s Skipjack project, but for the entire clean and renewable energy sector,” said Tradepoint Atlantic Chief Commercial Officer Kerry Doyle. “This represents the first step of many to come in growing the offshore wind industry and Tradepoint Atlantic plans to play a major role in making sure it thrives here in Maryland. Ultimately, because of this new partnership, Tradepoint Atlantic is positioned to become the supply chain leader up and down the East Coast for offshore wind energy – supporting and creating thousands of jobs in the process. Most importantly, it will bring new manufacturing opportunities back to Sparrows Point. We want to thank the State of Maryland, Baltimore County, our local elected officials, and of course Ørsted for supporting and partnering with us on this project – without them this would not be happening.”
“Together with Tradepoint Atlantic, we are making history by developing the first offshore wind energy staging center in Maryland,” said Claus Møller, Chief Operating Office of Ørsted U.S. Offshore Wind. “This new center will create good-paying jobs, leverage Tradepoint Atlantic’s outstanding location and logistical assets, and put Maryland on the map as a global offshore wind industry hub. We are especially proud to work with Tradepoint Atlantic to make clean energy the newest chapter in the storied history of the Sparrows Point site as we pursue our vision of a world that runs entirely on green energy.”
“Never before have we celebrated the start of an offshore wind staging center in Maryland, and I can’t think of a site more perfectly suited to the task than this one. Today’s announcement puts Tradepoint Atlantic on the global map for the offshore wind energy industry,” said Lt. Governor Boyd K. Rutherford. “This partnership is the latest exciting chapter in the remarkable transformation of the Sparrows Point site. Governor Hogan and I have been deeply committed to working with Tradepoint Atlantic to ensure this site is just as economically dominant in the 21st century as it was in the 20th. Today’s announcement is another big step toward that goal.”
“Tradepoint Atlantic’s redevelopment of the Sparrows Point peninsula is proving to be a critical economic engine for Baltimore County and the entire region, and with today’s agreement, Ørsted and Tradepoint are demonstrating that they are trailblazers in the creation of green jobs and renewable energy,” said Baltimore County Executive Johnny Olszewski, Jr. “This world-class, state-of-the-art facility for offshore wind will create new jobs in the county. Renewable energy and energy conservation are necessities for a healthier environment and the future of our economy.”
The agreement is part of Ørsted’s commitment to a $13.2 million investment at Tradepoint Atlantic. Improvements will include strengthening ground bearing capacity at the port to allow heavy-lift cranes and specialized transporters to move wind turbine components, some weighing as much as 2,000 tons, from ships onto the site.
About Tradepoint Atlantic:
The 3,300-acre, multimodal, global logistics center in Baltimore, Md., offers a gateway to markets around the United States and the world, featuring an unmatched combination of access to deepwater berths, rails and highways. Ground-breaking agreements signed with federal and state environmental regulators in 2014 to initiate environmental remediation after a century of steelmaking, the financial backing of investment firms Hilco Global and Redwood Capital Investments and the robust support of local and state government enable the redevelopment of the site through further infrastructure improvements. At full build out, Tradepoint Atlantic is projected to generate 11,000 permanent jobs, $2.9 billion in annual economic impact and add a point to Maryland’s gross domestic product as one of North America’s most strategic commercial gateways.
About Skipjack Wind Farm:
The Skipjack Wind Farm is one of nine Ørsted projects under development or operation on the eastern seaboard. The project was awarded offshore wind renewable energy credits by the Maryland Public Service Commission in 2017 and will generate enough clean energy to power 35,000 homes. Ørsted plans to begin construction by 2021 with the wind farm coming online in 2022. The company plans to invest approximately $200 million in Maryland.
About Ørsted U.S. Offshore Wind:
Ørsted U.S. Offshore Wind delivers clean, renewable energy along the U.S. Eastern Seaboard. The company operates Block Island Wind Farm, America’s first offshore wind farm, and has a comprehensive geographic coverage with the largest pipeline of development capacity, totaling over 8GW in seven states. It is jointly headquartered in Boston, Massachusetts and Providence, Rhode Island and employs over 100 people.
Tradepoint Atlantic Media Contact:
Ørsted Media Contact:
Lauren Burm, Ørsted North America