The Maryland Public Service Commission has awarded a 20-year Offshore Renewable Energy Certificate (OREC) to -Ørsted largest bid in the solicitation, the Skipjack Wind 2 Offshore Wind Farm with a capacity of 846 MW. Skipjack Wind 2 will generate enough green electricity to power 250,000 homes in the Delmarva region. Orsted will build Skipjack Wind 2 and the previously awarded Skipjack Wind 1 (120 MW) as one project with expected commissioning in 2026. The 2026 OREC price for Skipjack Wind 2 in 2012 levelised terms is USD 71.61 per MWh with a 3% annual escalator. Skipjack Wind 2 will generate approximately USD 510 million in supply chain investments in Maryland and create thousands of jobs in manufacturing and operations and maintenance. With Skipjack Wind 2, -rsted is bringing a commitment from Hellenic Cables to locate the US's first fully integrated subsea array cable manufacturing facility in Maryland. -Ørsted will also facilitate the construction of a world-class offshore wind tower manufacturing facility in Maryland, which will be able to produce 100 wind turbine towers annually. -rsted is already developing Maryland's first offshore wind operations and maintenance facility in West Ocean City, and in October established Maryland's first offshore wind steel fabrication centre at Crystal Steel Fabricators in Federalsburg.