An offshore wind farm in the North Sea. Photo courtesy of Harald Pettersen/Statoil/CC BY-2.0.

Gov. Ned Lamont unveiled a $93 million plan Thurdsday which he and local officials hope will trigger a surge in industrial investment in New London and make it a key hub for offshore wind power in New England.

The Connecticut Port Authority, the state’s quasi-public agency responsible for marketing and coordinating the development of the state’s ports and maritime industry, and terminal operator Gateway, are partnering with Bay State Wind, a joint venture between Ørsted and Eversource, on a new deal that will redevelop New London’s State Pier into a world-class, state-of-the-art port facility through combined public-private investment of $93 million to upgrade its infrastructure and heavy-lift capability. These upgrades will allow State Pier to meet the facility requirements of the offshore wind industry and will benefit the port’s long-term growth by increasing its capability to accommodate heavy-lift cargo for years to come.

Construction is tentatively scheduled to begin in January 2020 following bid solicitation and permitting. It is expected to be finished in March 2022.

“Connecticut’s maritime economy has significant potential to drive economic growth and create jobs across the state, and redeveloping State Pier is a central component to that growth,” Lamont said in a statement. “This new public-private partnership reaffirms the unwavering commitment of the state to increase procurement of offshore wind and make the economic expansion of our maritime economy a reality. We look forward to working with our new partners to position Connecticut as a leader in the offshore wind industry and expand economic opportunity throughout the region.”

The State Pier harbor development plan calls for a two-phased effort at State Pier. First, a three-year development project will upgrade the facility infrastructure to meet the heavy-lift requirements of Ørsted and Eversource’s offshore wind components. Second, following the successful completion of the project, Ørsted and Eversource will enter into a ten-year lease agreement granting their joint venture the use of State Pier for wind turbine generator assembly and staging.

“With this public-private partnership comes the significant opportunity for job creation, local investment, and economic benefits for southeastern Connecticut and the wider region,” Ørsted President of North America and Ørsted U.S. Offshore Wind CEO Thomas Brostrøm said in a statement.

New London Mayor Michael Passero billed the deal as opening the door to growth in the area’s industrial base.

“Today our city is emerging as an epicenter of innovation as new businesses and supply chains have invested in our community in preparation for this new industry coming to New London,” he said in a statement. “I’m thrilled about today’s announcement of the community host agreement with Ørsted and Eversource. It’s proof that they will be great partners with the city as they join our business community. Most important of all, this is a big win for New London’s taxpayers as we bring in new revenue, new jobs, and new opportunities to the city today and into the future.”