US Wind

US Wind is a privately held offshore wind energy development company established in 2011 and headquartered in Baltimore, Maryland. The company develops offshore wind projects in the United States, with its principal portfolio concentrated in the Maryland offshore wind lease area OCS-A 0490. Its activities include securing federal seabed leases, obtaining state renewable-energy credit awards, advancing project approvals, and supporting the port and manufacturing infrastructure required for offshore wind construction. US Wind entered the United States offshore wind market through a December 2014 Bureau of Ocean Energy Management auction. It won 25-year leases for two Wind Energy Areas, designated OCS-A 0489 and OCS-A 0490, with a combined bid of $8.7 million. The two areas were administratively consolidated in March 2018 under the OCS-A 0490 designation. This lease area became the basis for the company's two principal Maryland projects: MarWin and Momentum Wind. In May 2017, the Maryland Public Service Commission awarded US Wind Offshore Renewable Energy Credits supporting 248 megawatts of planned offshore generation. The project associated with this award is known as MarWin. In December 2021, the commission approved a further OREC award supporting 808.5 megawatts for the Momentum Wind project. Together, the two phases represent a proposed large-scale offshore wind development intended to supply renewable electricity to Maryland while contributing to the growth of a regional offshore wind industry. The Bureau of Ocean Energy Management approved both project phases in September 2024. According to the available reference material, onshore construction could begin in 2025 once remaining state permits are obtained. The company has also committed to developing a wind port and a steel manufacturing facility at Tradepoint Atlantic in Sparrows Point, Maryland. These facilities are intended to strengthen domestic supply chains and provide staging and manufacturing capacity for offshore wind projects. US Wind has pursued opportunities beyond Maryland. It previously acquired a lease in the New Jersey Wind Energy Area North and later sold that lease. The company has also pursued offshore lease opportunities in South Carolina. In January 2025, US Wind reached an agreement with the State of Delaware under which it committed $40 million in community benefits in exchange for renewable-energy credits and authorization related to underground transmission-cable siting at coastal state parks. US Wind is owned by investment funds managed by Apollo Global Management and by Renexia S.p.A., an energy company within Toto Holding S.p.A. The company is not known as a consumer-facing product brand; its identity is primarily associated with project development, offshore renewable-energy infrastructure, transmission, port investment, and industrial supply-chain development.

US Wind was founded in 2011 as an offshore wind energy development company serving the emerging United States offshore wind market. Its business model centers on obtaining federal offshore lease rights, developing utility-scale wind farms, securing state support through renewable-energy credit mechanisms, and coordinating the infrastructure needed to build and connect projects. The company established its principal development position through a Bureau of Ocean Energy Management auction held on December 1, 2014. US Wind won 25-year leases for two Wind Energy Areas, OCS-A 0489 and OCS-A 0490, with a bid of $8.7 million. The lease areas were later merged administratively on March 1, 2018, into a single area known as OCS-A 0490. This consolidated lease became the foundation for US Wind's Maryland project portfolio. US Wind's first major state-backed development milestone came on May 11, 2017, when the Maryland Public Service Commission awarded the company Offshore Renewable Energy Credits for 248 megawatts of offshore wind capacity. The associated project became known as MarWin. The award provided a state policy and revenue framework for advancing the project, although development still required federal review, engineering, permitting, transmission planning, and construction investment. On December 17, 2021, US Wind received a second Maryland OREC award supporting 808.5 megawatts of planned offshore wind generation. This project, known as Momentum Wind, was also planned for the OCS-A 0490 lease area. The two projects together formed the company's principal Maryland development program and represented a substantial expansion of its proposed generation capacity. In September 2024, the Bureau of Ocean Energy Management approved both project phases. The approval was an important federal regulatory milestone, but the projects were not thereby fully operational: the available material states that onshore construction could begin in 2025 after remaining state permits were secured. The development program also includes transmission and land-based facilities required to receive, assemble, manufacture, and transport offshore wind equipment. US Wind has linked its project plans to a broader industrial strategy in Maryland. It committed to developing a wind port and a steel factory at Tradepoint Atlantic in Sparrows Point. These proposed facilities are intended to support offshore wind deployment and create domestic manufacturing and logistics capacity near the company's Maryland projects. This approach places US Wind in the infrastructure and industrial-development segment of the energy transition, rather than limiting its role to electricity generation. The company has also explored other United States offshore markets. It acquired a lease in the New Jersey Wind Energy Area North and subsequently sold that lease. It has pursued potential lease opportunities in South Carolina as well. In January 2025, US Wind reached an agreement with Delaware involving $40 million in community benefits, renewable-energy credits, and underground transmission-cable siting at coastal state parks. Ownership of US Wind is attributed to funds managed by Apollo Global Management and Renexia S.p.A., which is a subsidiary of Toto Holding S.p.A. The company remains a private developer and has no publicly traded ticker identified in the available reference material. Its current identity is associated primarily with the MarWin and Momentum Wind projects, federal offshore leases, Maryland industrial infrastructure, and the wider development of offshore wind supply chains in the United States.

• 2025

  Delaware community-benefits agreement

  [1]US Winden.wikipedia.org

  US Wind agrees to provide $40 million in community benefits in connection with Delaware renewable-energy credits and transmission-cable siting.

• 2024

  Federal approval of Maryland project phases

  [1]US Winden.wikipedia.org

  BOEM approves both the MarWin and Momentum Wind project phases.

• 2021

  Momentum Wind receives Maryland OREC award

  [1]US Winden.wikipedia.org

  US Wind receives a Maryland OREC award supporting 808.5 megawatts for the Momentum Wind project.

• 2018

  Lease areas consolidated

  [1]US Winden.wikipedia.org

  The company's two federal lease areas are administratively merged into OCS-A 0490.

• 2017

  MarWin receives Maryland OREC award

  [1]US Winden.wikipedia.org

  Maryland awards US Wind ORECs supporting 248 megawatts of planned offshore wind capacity.

• 2014

  Federal offshore lease auction

  [1]US Winden.wikipedia.org

  US Wind wins 25-year leases for OCS-A 0489 and OCS-A 0490 in a BOEM auction with an $8.7 million bid.

• 2011

  US Wind is founded

  [1]US Winden.wikipedia.org

  US Wind is established as a United States offshore wind energy development company.

US Wind positions itself as a United States offshore wind developer combining utility-scale renewable generation with domestic port, manufacturing, and supply-chain investment.

• Offshore wind farm project · 2017

  MarWin

  MarWin is US Wind's first named Maryland offshore wind project. It is associated with the Maryland Public Service Commission's 2017 Offshore Renewable Energy Credit award supporting 248 megawatts of planned capacity. The project is proposed for the company's consolidated federal lease area OCS-A 0490 and requires federal and state permitting, transmission arrangements, and onshore construction infrastructure.

• Offshore wind farm project · 2021

  Momentum Wind

  Momentum Wind is US Wind's second major Maryland offshore wind project. It is linked to an OREC award issued by the Maryland Public Service Commission in 2021 for 808.5 megawatts of planned offshore generation. Like MarWin, Momentum Wind is proposed for lease area OCS-A 0490 and forms part of US Wind's larger Maryland offshore wind development program.

• Offshore wind supply-chain infrastructure

  Tradepoint Atlantic wind port and steel factory

  US Wind has committed to developing a wind port and steel factory at Tradepoint Atlantic in Sparrows Point, Maryland. The initiative is intended to provide port logistics and manufacturing capacity for offshore wind development, linking the company's generation projects with a domestic industrial supply chain.

• 2025

  Agree to Delaware community benefits and cable sitingStrategy

  Background

  US Wind sought Delaware renewable-energy credits and authorization for underground transmission-cable routing through coastal state parks.

  Action taken

  The company reached an agreement with Delaware that included a $40 million community-benefits commitment.

  Aftermath

  The agreement connected US Wind's transmission plans with state renewable-energy support and community investment.

  Community-benefits commitment. $40 million (January 2025)

  Source

• 2024

  Advance projects through federal approvalOther

  Background

  MarWin and Momentum Wind required federal environmental and construction review before development could proceed.

  Action taken

  BOEM approved both project phases in September 2024.

  Aftermath

  The projects moved closer to construction, subject to remaining state permits and onshore development requirements.

  Source

• 2021

  Expand Maryland offshore capacity through Momentum WindStrategy

  Background

  US Wind pursued a second, larger Maryland offshore wind phase in the same federal lease area.

  Action taken

  The company secured a Maryland OREC award supporting 808.5 megawatts for Momentum Wind.

  Aftermath

  Momentum Wind expanded the scale of US Wind's proposed Maryland generation program.

  Source

• 2017

  Secure Maryland support for MarWinStrategy

  Background

  Offshore wind development required a state support mechanism to underpin the planned Maryland project.

  Action taken

  US Wind accepted a Maryland Public Service Commission OREC award supporting 248 megawatts of planned capacity.

  Aftermath

  The award established MarWin as a principal project in the company's Maryland portfolio.

  Source

• 2014

  Acquire federal offshore lease rightsStrategy

  Background

  US Wind sought a long-term seabed position from which to develop offshore wind projects in the United States.

  Action taken

  The company won 25-year leases for two BOEM Wind Energy Areas through a federal auction.

  Aftermath

  The lease areas became the foundation for the company's Maryland development portfolio and were later consolidated as OCS-A 0490.

  Federal lease auction bid. $8.7 million (December 1, 2014)

  Source

1. 1US Winden.wikipedia.org
2. 2US Wind official websiteuswindinc.com