New And Newsworthy

Anbaric Statement on the Announcement of New Jersey’s Adjusted Offshore Wind Solicitation Schedule

Anbaric Development Partners, a leading developer of electric transmission projects, released the following statement today from Janice Fuller, President, Mid-Atlantic, regarding the BPU’s announcement adjusting the offshore wind solicitation schedule:

Anbaric applauds the BPU and Gov. Murphy for today’s announcement adjusting the offshore wind solicitation schedule and prioritizing offshore wind transmission planning. Confirming New Jersey’s path forward on a planned transmission system ahead of additional offshore wind solicitations will allow all future generators to design bids that align with a planned transmission system. Though this announcement comes with a minimal short-term delay for the third offshore wind solicitation, the new schedule will expedite industry growth, protect ratepayers and New Jersey’s coastline in the long term,” said Janice Fuller, President, Mid-Atlantic.

About Anbaric:

Anbaric is a majority employee-owned, US-based company focused on planning and scaling renewable energy. Anbaric develops clean energy infrastructure to accelerate the deployment of renewable energy across North America, specializing in the design, development, financing, and construction of large-scale electric transmission and storage systems. For more information about the company, visit anbaric.com.

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