By Mike Lawrence
NEW BEDFORD — The three offshore wind companies seeking to build large-scale turbine projects on ocean waters south of Martha’s Vineyard said emphatically Friday that financing their projects wouldn’t be a problem, should the state give legislative support in a potential energy bill next spring.
“Of all the challenges that we think about…financing projects is not one of them,” said Deepwater Wind CEO Jeff Grybowski, whose company is backed by an entity of the D.E. Shaw Group, a global investment and technology development firm.
“They are a long-term builder of clean energy projects, with very deep pockets, and they’ve been funding Deepwater now for about a decade,” Grybowski said.
Reprinted via South Coast Today – the News Service is not affiliated with the Alliance