CNBC | The governor of New Jersey has unveiled plans to develop what is being described as the United States’ “first purpose-built offshore wind port”, with construction work on the $300 million to $400 million project scheduled to begin next year.
It’s expected that building work will involve two phases. The first will focus on the development of a 30-acre area for marshalling activities as well as a manufacturing site for components that will span 25 acres. The second will extend the scheme’s footprint by more than 150 acres.
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