Danish renewable company Ørsted has been selected by Dominion Energy to install both wind turbines and is making preparations to support the work out of Hampton Roads, Virginia. Ørsted has leased a portion of the Portsmouth Marine Terminal to use for offshore wind staging materials and equipment. Under the deal with the port, Ørsted will lease 0.7 ha at the terminal through 2026, with options to expand to an additional 16 ha. If fully executed, the agreement will yield US$13M in lease payments and result in US$20M in investments to the site for cranes and improvements to the terminal's berth, to ensure heavy load capacity. The state is investing US$40M to upgrade the terminal to create an offshore wind supply chain and service hub for the US east coast.