Rhode Island Chooses Deepwater Wind to Build Off-Shore Wind Farm
September 30, 2008
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Rhode Island, United States [RenewableEnergyWorld.com] Rhode Island Governor Donald Carcieri announced last week that Deepwater Wind was chosen as the developer to construct a wind energy project off the shores of Rhode Island that could provide 1.3 million megawatt-hours (MWh) of electricity per year, 15 percent of all electricity used in the state. It is expected that the project will cost more than US $1 billion to construct, with all the capital coming from private investment sources.
“Wind power is clean, green power that is not subject to variations and increases in fuel price. Rhode Island is uniquely positioned to lead the nation with the development of this country’s first off shore wind farm."
-- Rhode Island Governor Donald Carcieri
“Today marks a major step to bring wind power to Rhode Island and to reach our goal of at least 15 percent of all electricity in the state be renewable energy,” Governor Carcieri said. “Of the many forms of renewable energy alternatives available, wind is the proven leader. Wind power is clean, green power that is not subject to variations and increases in fuel price. Rhode Island is uniquely positioned to lead the nation with the development of this country’s first off shore wind farm." The exact location of the wind project will be determined from the results of the Special Area Management Plan (SAMP) permitting process led by the Rhode Island Coastal Resources Management Council in partnership with URI’s Graduate School of Oceanography. The state and Deepwater Wind will now enter a 90-day period to negotiate a formal development agreement. The final agreement will include the total commitment to Rhode Island made by Deepwater Wind, including the establishment of a manufacturing headquarters in the state and the reimbursement of the cost of the SAMP to the state's Renewable Energy Fund. In addition, the agreement will outline the preferred developer status for Deepwater Wind in the permitting process. Final approval of the project is contingent on multiple regulatory approvals from both the state and federal governments. Deepwater Wind was established to develop utility-scale offshore wind projects in the northeastern part of the United States. The company’s major investors are First Wind, a major developer of on-shore wind projects in the United States, DE Shaw & Co., a capital investment firm with deep experience in the energy sector, and Ospraie Management, a leading asset management firm with a focus on alternative energy markets.
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"...the agreement will outline the preferred developer status for Deepwater Wind in the permitting process..."
http://www.oag.state.ny.us/press/2008/july/july15a_08.html
"ATTORNEY GENERAL CUOMO LAUNCHES INVESTIGATION INTO WIND POWER COMPANIES' CONDUCT ACROSS UPSTATE NEW YORK"
"Allegations of Improper Dealings with Public Officials and Anti-Competitive Practices"
"Subpoenas Served on First Wind/UPC Wind and Noble Environmental Power, LLC"
"ALBANY, NY (July 15, 2008) - Attorney General Andrew M. Cuomo announced today the launching of an investigation into two companies developing and operating wind farms across New York state amid allegations of improper dealings with public officials and anti-competitive practices.
Wind farms are clusters of large electricity-generating turbines powered by wind and connected to the electric grid.
Subpoenas were served on Newton, Massachusetts-based First Wind (formerly known as UPC Wind) and Essex, Connecticut-based Noble Environmental Power, LLC. They are part of an investigation into whether companies developing wind farms improperly sought or obtained land-use agreements with citizens and public officials; whether improper benefits were given to public officials to influence their actions, and whether they entered into anti-competitive agreements or practices.
In recent months, the Office of the Attorney General has received numerous complaints regarding the two companies from citizens, groups and public officials in eight counties alleging improper relations between the companies and local officials and other improper practices..."