Key Features
Location
Atlantic Ocean, 15 miles off Cape May, NJ
Capacity
1,100 MW (Phase 1: 550 MW)
Technology
GE Haliade-X 14 MW offshore wind turbines (75 units)
Foundation
Semi-submersible floating platforms
Transmission
HVDC subsea cable system
Project Status
Under Construction
Project Timeline
May 2024 – December 2027
Benefits
Energy Production
3,800,000,000 kWh annually at full capacity
Environmental Impact
Prevents 2.6 million tons of CO2 emissions yearly
Economic Impact
3,000+ construction jobs, 500+ permanent maritime positions
Community Impact
Clean electricity for 380,000 homes across New Jersey and Pennsylvania
Investment Highlights
Partnership
Ørsted & Public Service Electric and Gas (PSE&G)
Joint venture with Ørsted, the world's leading offshore wind developer, and PSE&G for grid connection and distribution across the tri-state area.
Real-Time Monitoring and Predictive Maintenance
State-of-the-art offshore SCADA with satellite connectivity, real-time turbine performance analytics, predictive maintenance AI, and marine wildlife monitoring integration for environmental compliance.
Project Goals
Contribute to New Jersey's 100% clean energy target by 2035
Establish US leadership in offshore wind technology
Create sustainable maritime jobs and port revitalization
How to Invest
Participate through offshore wind certificates starting at USD 10,000. Take advantage of federal offshore wind tax credits and Investment Tax Credit (ITC) benefits with semi-annual dividends.
For more information about investing in this project, please contact us at:
support@metafluxe.netFinancial Performance
*Projected returns based on Phase 1 construction milestones and long-term power purchase agreements.
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