Proposal for New Jersey 2024 A Joint Venture of: Attentive Energy Delivers Again for New Jersey The Attentive Energy proposal offers wide-ranging community, business, and environmental investments and commitments that will facilitate a world-class offshore wind project. This project proposes to deliver over 1.3 GW of renewable offshore wind energy to New Jersey, power approximately 650,000 homes, remove 2.1 million tons of carbon emissions annually, and generate $15 billion in economic activity state-wide. Attentive Energy’s $110 million in the Renewed Legacy investment program will support partners across the State in sustainability, workforce, community development and other programs. This proposed project builds upon the success of the Attentive Energy Two Project and an extensive track record of proactive coordination and engagement with local officials, stakeholders and communities across New Jersey. Attentive Energy’s New Jersey Proposal in Brief OUR PROPOSAL IS ANCHORED IN THE FOLLOWING COMMITMENTS TO NEW JERSEY Economic Development Leadership: Making it Work for NJ Attentive Energy is committed to creating sustainable economic opportunities throughout New Jersey and proposes significant intersectional investments targeted to small, local businesses and overburdened communities. Localizing and diversifying the supply chain has been imperative to Attentive Energy’s mission. Attentive Energy is committing up to $300 million for a Supply Chain Localization Fund that will support in-state manufacturing and a homegrown industry. Other investments include a focus on business attraction and retention to keep the best and brightest working in New Jersey. Expanding on NJ’s Foundational Offshore Wind Investments and Workforce Following in the footsteps of AE2, this proposed project looks forward to marshalling at the New Jersey Wind Port and plans to consolidate all Operation and Maintenance activities in-state. These initiatives reinforce New Jersey’s foundational investments in a local offshore wind supply chain. In addition to these economic commitments, Attentive Energy has signed an agreement with seven local unions to develop a Project Labor Agreement. Statewide Strategy: A Cleaner, Greener, More Prosperous NJ Proposed initiatives, intended to serve all 21 counties, are a reflection of what we’ve heard from citizens and stakeholders across the State. This proposal includes investments to support individuals in communities that lack reliable public transit access, while also studying how best to address the future of transportation as offshore wind creates new employment hubs; a coastal resilience fund that will support tangible flood resiliency projects and technical assistance across the State; and an energy equity fund to help households across the state with energy costs and to keep New Jersey livable, affordable, and family friendly. Environmental and Marine Conservation: Above and Beyond Attentive Energy’s proposal demonstrates not only a robust commitment to avoiding, minimizing, and mitigating environmental and fisheries impacts but actively improving conditions for wildlife and advancing sustainability. Consistent with its goals set for the AE2 Project, Attentive Energy aims to achieve no net loss of biodiversity and no net loss of commercial fishing revenue and identify where the Project can have a net positive impact on select species. This Project’s environmental and fisheries mission will be supported through partnerships and investments with leading research and conservation entities and regional collaboratives. A Local and Proven Partnership with Skills for Success TotalEnergies TotalEnergies is a multi-energy company with expertise in offshore operations and maintenance through its global activities. TotalEnergies is already developing offshore wind projects with a combined capacity of more than 16 GW, and is the fifth largest renewable energy developer in the world. 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. For more information, visit: https://corporate.totalenergies.us/renewableenergies. Corio Generation Corio Generation is a specialist global offshore wind developer and a portfolio company of Macquarie Asset Management operating on a standalone basis. Corio has one of the world’s largest offshore wind project pipelines, with over 30 GW at various stages of development across Europe, Asia-Pacific and the Americas. For more information, visit: www.coriogeneration.com. Rise Light & Power Rise Light & Power is a Queens, NY-based energy asset manager and developer. Its core asset, the Ravenswood Generating Station, is New York City’s largest power-generating facility, providing more than 20% of the city’s generation capacity. Rise is pursuing an exciting growth-oriented strategy, including modernization and resiliency upgrades at Ravenswood, as well as new large-scale clean energy infrastructure to facilitate the renewable energy transition in New York and New Jersey. Rise Light & Power is a wholly owned affiliate of LS Power. For more information, please visit: www.riselight.com. Click Here to receive Updates on the Project Click Here to View the proposal fact sheet
