Major financing deal puts R.I. project on track to be nation’s first offshore wind farm

Wind turbine under constructionElizabeth Harball, E&E reporter

It is now all but certain that a 30-megawatt pilot project in Rhode Island state waters will be America's first offshore wind farm.

Deepwater Wind, the Providence, R.I.-based developer behind the Block Island project, announced this week that it had closed on more than $290 million in financing from American and French backers.

Read More at E&E (Subscription)