Empire Wind 1

NYISO-737BetaActiveOffshore WindNYISOLBNL

816 MW generation in Kings, NY · In queue since June 2018 · Proposed COD July 2027

BA: NYISISO/RTO: NYISONERC: NPCCRC: NYIS

816 MW

Capacity

Components

Offshore Wind

8y 1m

In Queue

System Impact Study

IA Phase

Signed Feb 2021

Status

Latest milestoneconstruction ban lifted · 2026-01-16Renewables Now · 2026-01-16

Interconnection

Queue → IA

2y 8m

IA → COD

6y 5m

Total Duration

2y 8m

Construction25%

Queue EntryJun 12, 2018

Interconnection request submitted to ISO/RTO

TCS Study

NYISO transitioned to a Transitional Cluster Study (TCS) format in 2024.

Typical: >42 months (historical); ~24 months target

Interconnection AgreementFeb 8, 2021

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 36–60 months

Commercial Operation

Proposed COD: 2027-07-01

Cross-source intelligence

Beta

Medium confidence·4 sources·as of 2026-06-01

Expected COD

2027

From queue filing

Developer

Equinor

Filed as Empire Offshore Wind LLC

Status

Active

Active — construction ban lifted Jan 2026, System Impact Study phase per LBNL, project advancing after legal clearance

Financing

Secured

PPA with New York state secured (physical contract), value not disclosed in available sources, contract awarded Jan 2021

Key milestones

Financing closeJan 2021

Equinor secured renewable energy contract with New York state

source

IA executedFeb 8, 2021

Interconnection Agreement date per LBNL queue

source

Permit approvedJan 2026Most recent

Court lifted construction ban on Empire Wind project

source

Project lifecycle

as of 2026-01-16

PhasesuspendedoffshoreWIND.biz · 2026-01-05

Phase history

2023-11IA executed2025-05Construction2026-01suspended

OperationalNoRenewables Now · 2026-01-16

Technologyoffshore_windRenewables Now · 2026-01-16

DeveloperEquinor±Renewables Now · 2026-01-16

EPC contractorSeatriumRenewables Now · 2025-10-10

DelayAnnouncedRenewables Now · 2026-01-16

Permit decisionContestedRenewables Now · 2026-01-16

About

Empire Wind 1 is a proposed 816 MW offshore wind generation project located in Kings County, New York. The project, being developed by Empire Offshore Wind LLC, entered the NYISO interconnection queue as queue ID NYISO-737 on June 12, 2018. The proposed commercial operation date is December 1, 2026, and its interconnection status is currently in the System Impact Study phase. The point of interconnection is the Gowanus 345kV substation.

The development project has been the subject of recent news coverage, with 12 articles categorized as regulatory, development, deals, and industry news.

Generated from interconnection queue and public data sources

NYISO Queue

Development Risk

Realization risk before commercial operation — cluster-study clearance, IA timing, counterparty mix, and withdrawal probability vs cohort. The diligence view that determines whether this project is worth pursuing. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)

Withdrawal probability vs cohort

IA cluster risk

Project Details

State

County

Kings

Grid Region

NYISO (New York)

Market

ISO/RTO Member

Developer

Empire Offshore Wind LLC

Utility

ConEd

Entity

NYISO

Service Type

—

Point of Interconnection

Gowanus 345kV

Data Source

LBNL

DeveloperEquinor±Renewables Now · 2026-01-16

EPC contractorNexans±offshoreWIND.biz · 2021-03-30

ApplicantEquinor±Renewables Now · 2026-01-05

AgencyDepartment of the Interior±E&E News by POLITICO · 2025-05-19

RulingOrder±Renewables Now · 2026-01-05

TransactionDivestiture±Renewables Now · 2025-10-10

Deal value$475.0MRenewables Now · 2025-10-10

OfftakerNew York stateCNBC · 2021-01-14

PPA structurePhysicalCNBC · 2021-01-14

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile would look like once it reaches commercial operation. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

Available on the InfraSure platform

See the full risk decomposition + scenarios for this project.

Climate hazards (8+)

Generation variability (P10/P50/P90)

Offtake + transmission counterparty

Generation Forecast

Forward generation outlook — what this project would produce assuming it reaches commercial operation. Probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios, conditioned on the proposed COD. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

P50 conditioned on COD

Capacity factor vs cohort

Weather + policy scenarios

Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. The bankability view that determines whether the deal clears its covenants once online. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

Revenue conditioned on COD

Financing close risk

Cohort DSCR comparison

Market Context

Approximate

ISO / RTO: NYISO
Trading Hub: ZONE J
Hub Confidence: HIGH
Nearest Node (Estimated): GOWANUS_GT2_1
POI Substation: Gowanus Substation

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

Insights & Articles (10)Beta

Last updated 2026-03-26

View all 10 articles

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InfraSure platform

Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.

Empire Wind 1 (NYISO-737) — Project Summary

Empire Wind 1