The renewable power generated by the two wind farms is estimated to power more than one million households in New York. The Company is working closely with NYSERDA on NY Supply Chain development and will be using the GLDD marine base in Staten Island, New York, for its site operations. Great Lakes will be generating local content, employment, and economic activity in the State of New York by purchasing rock from domestic New York quarries, which are in close proximity to the Empire Wind I and II offshore wind farm sites. This unique combination offered a competitive advantage in terms of experience, equipment availability, local content, and knowledge of labor and regulatory environments in the U.S.” marine contractor to invest in building the first Jones Act compliant fallpipe vessel purpose built for the U.S. Lasse Petterson, President and Chief Executive Officer at Great Lakes, commented, “The consortium of Great Lakes with Van Oord combines the experience of Van Oord, the global market leader in subsea rock installation, with Great Lakes, the only U.S.

Van Oord will mobilize the flexible fallpipe vessel, Stornes, to install rock prior to the installation of the monopile foundations. Great Lakes will use the first Jones Act compliant subsea rock installation vessel, currently under construction at the Philly Shipyard in the U.S., to install rocks to protect and stabilize monopile foundations, electrical substructures, and export cables, starting with Empire Wind I in the mid-2020s and continuing with Empire Wind II. Empire Wind I and II are expected to provide over 2 Gigawatts (GW) of renewable energy to the State of New York. HOUSTON, (GLOBE NEWSWIRE) - Great Lakes Dredge & Dock Corporation ('Great Lakes' or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that Empire Offshore Wind, a joint venture between Equinor (NYSE: EQNR) and bp (NYSE: bp), have chosen Great Lakes in consortium with Van Oord to perform the subsea rock installation work for the Empire Wind I and II wind farms in the East Coast of the United States. Van Oord’s flexible fallpipe vessel, Stornes.

Great lakes dredge and dock projects