The $510 million acquisition of D.E. Shaw Group’s Deepwater Wind by Orsted is not expected to change the timeline of any of the wind farm projects, including the one about 19.5 miles off the Maryland ’s coast close to the Delaware line, according to Jeffrey Grybowski, CEO of Deepwater Wind.
He said, however, that the merger could help bolster the projects.
“Orsted comes with tremendous engineering and construction expertise,” he said. “They have 1,200 turbines offshore today and they built the first in 1991 off the coast of Denmark. Clearly they are pioneers in our industry and we’re excited to team up with them.”
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3 comments:
Part of the laughing legacy of Rickie Meehan!
Who owns that land?
Who gave them permission?
What happens when these things break or get wiped out by a hurricane? Who takes care of the eyesore then?
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