trending Market Intelligence /marketintelligence/en/news-insights/trending/y2hilipsklub8o_hlxfsqa2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Deepwater Wind secures tax equity financing for 1st US offshore wind farm

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


Deepwater Wind secures tax equity financing for 1st US offshore wind farm

Deepwater Wind has closed a tax equity financing withGeneral Electric Co.subsidiary GE Energy FinancialServices and Citi for its 30-MW Block Island offshore wind farm.

Touted as the first offshore wind facility in the United States, thewind farm located roughly 3 miles off the coast of Block Island, R.I., wascompleted in August and is set to begin commercial operations in November,according to an Oct. 11 news release.

D.E.Shaw & Co. Holdings LP will remain as the principal owner ofDeepwater Wind. GE Renewable Energy provided five 6-MW Haliade wind turbinesand will render long-term services and maintenance for the wind project.

Output from the facility will be sold to subsidiaryNarragansett ElectricCo. d/b/a National Grid USA under a 20-year power contract,according to S&P Global Market Intelligence data.