Pine Tree Offshore Wind
Pine Tree Offshore Wind (Gulf of Maine research array), floating, up to 12 turbines; stalled.
Status
On Holdlifecycle stage
FragileHafrok completion outlook
Ownership
PTPine Tree Offshore Wind — 100% ◇
Location
Northwest Atlantic
Technology
Capacity
144 MW ◇
Turbines
12 ◇
Foundation
Floating ◇
Site & conditions
Site rights
Exploration right Seabed lease · Bureau of Ocean Energy Management (BOEM) · 2024-08 ◆
Water depth
46–None m ◇
Distance from shore
51.8 km ◇
Wind speed
10.0 m/s @ 150 m ≈
Revenue & grid
Offtake
—
Grid
—
Schedule
FID
Not taken
COD · Hafrok
—
Delivery outlook modelled by Hafrok · calibrated on delivered projects
—
on hold — no credible date; the chart shows when a restarted project might complete
Chance of delivery
≈6%
estimated chance this project reaches commercial operation
Projects put on hold complete ≈15% of the time on Hafrok's record. This one sits well below that: a market with a thinner delivery record, technical complexity and no offtake contract yet. Only a restart would change that — there is no dated schedule to judge against. That figure is then halved while Hafrok reads the United States route as closed: a route that has to be won again is less likely to be won.
COD outlook
If it completes, when — Hafrok’s probability by year (teal)
| Year | Probability |
|---|---|
| 2033 | 20.0% |
| 2034 | 20.0% |
| 2035 | 20.0% |
| 2036 | 20.0% |
| 2037 | 20.0% |
How Hafrok got this date
1
On hold — no dated schedule
The project is recorded as On Hold, so no sequence of milestones can be trusted. Hafrok publishes no expected year; the chart instead spreads the remaining chance of completion over the years a restarted project might finish in.
2
Route closed until 2029
Hafrok believes a held project in the United States is unlikely to resume before a route to build exists again, and does not expect one before
January 2029. On that reading the years the chart spreads the remaining chance over begin after 2029, not after today. This is Hafrok's judgment, not a fact on the record — what it rests on: United States market page.3
Chance of delivery — separate from timing
Start from the share of On Hold projects that went on to complete — ≈15%, measured on Hafrok's record of delivered and abandoned projects, with an allowance held back where that record cannot yet speak (projects still unresolved, changed market conditions). Historically only a minority of projects put on hold returned to delivery — the estimate reflects that. Then adjust for this project's own evidence — offtake, market, size, technical complexity — and halve the result while Hafrok reads the United States route as closed (a route that has to be won again is less likely to be won) — to ≈6%, which rates it
Fragile on Hafrok's four-step delivery scale (Delivering · Expected · Prospective · Fragile).Revenue & offtake route to market — open
No offtake secured — route to market open
The routes describe what exists in this market — not a prediction of which the project will take. Timing math for the auction gate lives in the delivery outlook above.
Next visible round · from the auction calendar
NYSERDA Offshore Wind Solicitation 6 (NY6) ◇
design/RFI stage only; no timetable, conditioned on the federal market improving
Installation how the build is going · from satellite counts and Hafrok’s registers
Installation not started
nothing to count yet: the satellite tracker begins when offshore construction does
Installation · on record
StageOn Hold
Offshore constructionnot started
Expected start of operationnot stated
Sources & verification
1/11 fields verified · rests on 7 sources (3 primary) · ◆ 3 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Regulator3
[3]
[5]
Bureau of Ocean Energy Management (BOEM)2026-08-23◆ US BOEM offshore-wind register (FR docum…
“Lease row OCS-A 0553: companies ['Pine Tree Offshore Wind LLC']; lease_dates ['08/19/2024']; lease_terms ['25 Years']; states ['Maine']; block_count 51.”
supportsRegister entry
[7]
Bureau of Ocean Energy Management (BOEM)2025◆ State of Maine Research Lease (OCS-A 055…
“On October 1, 2021, BOEM received an application from the State of Maine for a research lease requesting 9,700 acres on the U.S. Outer Continental Shelf in a location more than 20 nautical miles off t…”
supportsSite rights
Auction pipeline1
[8]
Offshore Wind (offshorewind.biz)2026-02◆ ny-ny5-ended-2026
Press report — cited, not quoted; read it at the source link.
supportsNYSERDA Offshore Wind Solicitation 6 (NY6)
Trade press3
[1]
[2]
[4]