Atlantic Power Transmission (APT), a Blackstone portfolio company, has announced its partnership with Morrison Energy to position New Jersey as a global leader in rapidly developing offshore wind energy generation and transmission supply chain.
The combined collective expertise of APT, Morrison and Blackstone collaborating on this landmark initiative underscores APT’s long-standing commitment to investing in New Jersey’s workforce and kicks off a new chapter in the East Coast’s clean energy transition.
As part of the agreement, Morrison will have a dedicated presence in New Jersey, adding leading industry expertise while supporting APT’s commitment of $50 million over 10 years to support workforce development investment in the state via the fabrication of 5,000-ton substation foundation jackets. The fabrication facilities will bring hundreds of jobs to New Jersey and will lay the foundation for future projects in the state.
APT will initiate this inves