├śrsted U.S. Offshore Wind Announces Research Partnership with Rowan University

Glassboro, NJ (March 27, 2019) – Today, Orsted U.S. Offshore Wind signed a Memorandum of Understanding (MOU) with Rowan University that will allow the company to support innovative offshore wind engineering clinics for students and collaborate with them on research opportunities. The MOU was signed at Rowan’s annual Faculty Research Day, which showcases and honors outstanding research, scholarship and creative activity at the University’s three campuses.

Ørsted submitted an application for its Ocean Wind project to the New Jersey Board of Public Utilities in December 2018 to develop the first offshore wind farm in the state. The announcement for the award is expected from the NJBPU in summer 2019.

"Rowan University has very strong engineering and science programs that we are very pleased to support," said Thomas Brostrøm, CEO of Ørsted U.S. Offshore Wind and president of Ørsted North America. "Through this partnership, we will help educate and collaborate with the work force of the future -- that will be driving important industries in New Jersey such as offshore wind."

Located 15 miles off the coast of Atlantic City, New Jersey, the Ocean Wind project will create more than 1,000 jobs during construction.

"Rowan University values this partnership with Ørsted in the area of offshore wind. We have considerable expertise we can contribute through research and workforce development from our various academic units, and we look forward to engaging with Ørsted in building a more sustainable and green economy," said Dr. Beena Sukumaran, Rowan’s vice president for Research.

About Ørsted U.S. Offshore Wind

Ørsted U.S. Offshore Wind delivers clean, renewable energy along the U.S. Eastern Seaboard. The company operates Block Island Wind Farm, America’s first offshore wind farm, and has a comprehensive geographic coverage with the largest pipeline of development capacity, totaling over 8GW in seven states. It is jointly headquartered in Boston, Massachusetts and Providence, Rhode Island and employs over 75 people.

About Ørsted

The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs and operates offshore and onshore wind farms, bioenergy plants and innovative waste-to-energy solutions and provides smart energy products to its customers. Headquartered in Denmark, Ørsted employs 6,080 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2018, the group’s revenue was DKK 76.9 billion (EUR 10.7 billion). For more information on Ørsted, visit orsted.com or follow us on Facebook, LinkedIn, Instagram and Twitter.

About Rowan University

Rowan University is a Carnegie-classified national doctoral research institution dedicated to excellence in undergraduate education. It offers bachelor’s through doctoral and professional programs to 19,500 students through its campuses in Glassboro, Camden and Stratford, New Jersey. Home to Cooper Medical School of Rowan University and the School of Osteopathic Medicine, it also comprises the William G. Rohrer College of Business; the Henry M. Rowan College of Engineering; the colleges of Communication & Creative Arts, Education, Humanities & Social Sciences, Performing Arts, Science & Mathematics; the School of Health Professions; the School of Earth & Environment; the Graduate School of Biomedical Sciences and a multidisciplinary honors college. Rowan is collaborating with regional leaders to create research and academic programs in health sciences. It has earned national recognition for innovation, commitment to high-quality, affordable education and developing public-private partnerships.