deepwater wind

Ambar Espinoza / RIPR

Welders have started to build parts for a wind energy facility off the coast of Block Island. It’s on track to be the country’s first offshore wind farm.  State leaders were on hand for the start of construction today (Monday). Rhode Island Public Radio’s environmental reporter Ambar Espinoza says they are calling it a great day for Rhode Island and the nation.

RIPR FILE

Gov. Gina Raimondo and members of the Rhode Island Congressional delegation will meet with Deepwater Wind in Quonset Point today to announce local jobs associated with the construction of the Block Island Wind Farm. They'll also provide an outlook for growing this new industry in the state. 

They’ll tour Specialty Diving Services, where local welders are working on some of the components for the wind farm’s foundation. This local company is working as a sub-contractor for a company in Louisiana that is leading the construction of the wind farm’s steel jacket foundations. 

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Dave and Mark get an update on the Block Island Wind Farm project with Deepwater Wind CEO Jeff Grybowski.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

Do you have insight or expertise on this topic? Please email us, we'd like to hear from you. news@ripr.org  

RIPR FILE

Deepwater Wind has secured more than 290 million dollars to build and operate a wind farm off the coast of Block Island. The company plans to begin installing turbines this summer. Deepwater is, so far, the only offshore wind company in the country to get full financing for an offshore wind farm.

                                    

Two banks have financed Deepwater Wind’s offshore wind farm: a bank in France and Ohio-based KeyBank.

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week, news director Catherine Welch and Mark talk with managing director of the Quonset Development Corp, Steven King. They talk about the future growth of Electric Boat, new companies moving into the business park, and the role of the Quonset state airport.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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