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Bluewater Wind Signs First U.S. Agreement to Provide Offshore Wind Power
Posted on June 30, 2008
Bluewater Wind Delaware, LLC, a subsidiary of Babcock & Brown, announced today that it has signed a 25-year contract with Delmarva Power to sell the utility up to 200 megawatts of power from an offshore wind farm that will be built 11.5 miles off the coast of Rehoboth Beach in Delaware. This contract is a significant step toward developing Delaware's first offshore wind farm, which will almost certainly be the first offshore wind farm in the country, said Hunter Armistead, head of Babcock & Brown's North American energy group. This offshore wind farm will harness the strong winds off the co...
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