Equinor, bp to Turn SBMT Complex in New York into Major Regional Hub for Offshore Wind

Equinor, and its partner bp, announced an agreement to turn the storied South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind.

March 04, 2022. By News Bureau

Equinor, and its partner bp, announced an agreement to turn the storied South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind.

Under the agreement, the terminal will transform into a world-class offshore wind port capable of staging and assembling the largest, most sophisticated offshore wind technology components for the Empire Wind and Beacon Wind projects and for the growing U.S. offshore industry on the East Coast.

The agreement was co-signed by terminal operator Sustainable South Brooklyn Marine Terminal (SSBMT) and New York City Economic Development Corporation (NYCEDC).

The offshore wind projects on the US east coast are key building blocks to accelerate profitable growth in renewables and Equinor’s ambition to install 12-16 GW of renewables capacity by 2030.

Equinor and bp will create an operations and maintenance (O&M) hub and staging area at SBMT, with a total investment of USD 200 – USD 250 million in infrastructure upgrades, while also pursuing the development of SBMT as a low-emissions facility.

The port will become a cutting-edge staging facility for Equinor and bp’s Empire Wind and Beacon Wind projects that will supply 3.3 gigawatts (GWs) of energy—enough to power nearly two million New York homes —as well as become a go-to destination for future offshore wind projects in the region.

The redevelopment will inject the Sunset Park waterfront with substantial investment from the new renewable energy economy, creating new jobs and providing an economic boost to the community. Equinor and bp’s activities at SBMT are anticipated to support over one thousand jobs annually in the region.

“This agreement marks a major step forward in our commitment to New York State to both provide renewable power and to spark fresh economic activity, while creating enduring jobs,” said Siri Espedal Kindem, President of Equinor Wind U.S. “With the support of NYCEDC, SSBMT and our partners in the community, Equinor and bp are ready and eager to invest in the revitalization of SBMT, an historic port that will soon become a major part of New York’s energy future. New York has shown unflagging determination to become a focal point of the region’s offshore wind industry, and this agreement offers tangible evidence that this vision is quickly coming to life.”

“We are enormously proud to lay the groundwork today for our vision of making New York City a nation-leading hub for the offshore wind industry. This agreement builds on the City’s $57M commitment to reactivate SBMT as a key manufacturing and operations base and will help make New York a leader in climate resiliency as well as air quality through clean energy investments,” said NYCEDC Chief Strategy Officer and Executive Vice President Lindsay Greene. “Working together with our partners at Equinor, bp, and SSBMT, we are also advancing economic recovery and increasing diversity in waterfront construction, by helping local minority- and women-owned business enterprises benefit from the growing offshore wind industry and take advantage of the green jobs of the future.”

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