Overview

The Pro-NJ Grantor Trust is a $15 million fund established by Ørsted and Ocean Wind, with the goal of ensuring that the offshore wind industry in New Jersey is developed in a sustainable and inclusive way. During the construction phase of Ocean Wind, the Trust will offer small, women-owned and minority-owned businesses grant support in reconfiguring their businesses to participate in the offshore wind industry. The trust will also provide funding for infrastructure resiliency improvements in New Jersey, and specifically, in Atlantic, Ocean and Cape May counties.