Ørsted selected as preferred bidder for offshore wind farm in Connecticut (WK-intern) - Following a highly competitive solicitation process, Connecticut's Department of Energy and Environmental Protection has selected Ørsted's Revolution Wind project to move forward to negotiate a fixed-price power purchase agreement (PPA) with the state's power distribution companies for 0.42TWh (terawatt hours) per year equivalent to 100MW offshore wind capacity Subject to contract signing and Ørsted's final investment decision, construction is expected to start in 2022, and the wind farm is expected to be commissioned in 2023. With the 100MW added capacity, Revolution Wind has now secured a total of 700MW offshore