Attentive Energy proposes ambitious investments to power New Jersey forward
Attentive Energy, a joint venture between Corio Generation and TotalEnergies operating on the East Coast of the United States, has submitted an ambitious proposal in response to the New Jersey Board of Public Utilities’ third offshore wind solicitation, offering to supply the State of New Jersey with up to 1,342 MW of clean and renewable offshore wind energy.
The Attentive Energy Two project, if awarded, is expected to power more than 600,000 homes and generate $12 billion in economic activity state-wide, demonstrating the commitment of both Corio and TotalEnergies to New Jersey's mission of advancing renewable energy, reducing greenhouse gas emissions and forging a local industry.
Corio and TotalEnergies are developing through Attentive Energy two projects, totalling up to 3,000 megawatts, to supply renewable energy to communities across both New Jersey and New York. While Attentive Energy Two will serve communities in New Jersey, Attentive Energy One – co-owned with power company Rise Light & Power – has also bid into New York State’s third offshore wind solicitation. Corio’s shareholding in Attentive Energy is supported by its investment partner Ontario Teachers’ Pension Plan Board.
“Offshore wind represents an incredible opportunity for the people of New Jersey, and we are deeply proud to be a part of the Attentive Energy Two project,” said Eric Thumma, US Head for Corio Generation, commenting on today’s announcement. “We believe the project will not only bring affordable, clean energy to the Garden State, but also create good green jobs and ensure a lasting positive legacy for communities here for decades to come. We are fully confident that offshore wind will play a major role in the future of the U.S. economy, and we are delighted that New Jersey will be at the forefront of this new growth sector, helping to power America forward.”
“As a responsive and forward-thinking vision for offshore wind, this project puts community first on and off the shore, we are excited about the opportunity to work with New Jersey to help reach the state's ambitious clean energy goals while driving economic growth and improving the lives of all New Jerseyans,” said Damian Bednarz, Managing Director, Attentive Energy. “The Attentive Energy Two proposal affirms our commitment to accelerate renewable energy and combat the climate crisis head-on in these crucial times.”
Collectively, TotalEnergies and Corio have one of the largest offshore wind portfolios in the world and a proven successful partnership in developing projects from South Korea to the United Kingdom. Attentive Energy leverages TotalEnergies’ and Corio Generation’s leading technical expertise, strong financial resources and extensive experience in the offshore wind sector.
Located over 42 miles east of Seaside Heights in federal waters, the Attentive Energy Two project will enhance the quality of life for New Jersey residents. This includes emissions reductions equal to removing 10% of cars off New Jersey roads; or 1.3 million tons of carbon removed annually, improving the State’s air quality. The project will advance local economic development and workforce by delivering up to 15,000 job-years for New Jersey residents.
Find out more about Attentive Energy its benefits by visiting the website: www.attentiveenergy.com
About Corio Generation
Corio Generation is a portfolio company of Macquarie Asset Management, operating on a standalone basis. The specialist offshore wind developer has one of the largest project pipelines globally, with more than 30 GW in development worldwide. Recently named Offshore Developer of the Year in the 2023 Wind Investment Awards, Corio is preparing to open a new U.S. office as it grows its team nationwide. Macquarie Group has its regional headquarters in New York, and through its portfolio businesses, employs more than 53,000 people in the Americas alone.
About TotalEnergies
TotalEnergies, a multi-energy company, has expertise in offshore operations and maintenance through its global activities. TotalEnergies is already developing offshore wind projects with a combined capacity of more than 13 GW. TotalEnergies has an active portfolio of energy and industrial facilities in New Jersey including the Linden Lubricants Facility and Hutchinson Industries, as well as solar projects with the Delaware River Port Authority.