Baltimore-based US Wind has sold its lease to develop an offshore wind farm off the coast of New Jersey, part of a plan to focus more on a similar project in Maryland. The development firm is one of two companies selected by the Maryland Public Service Commission in May 2017 to build offshore wind farms in two wind energy areas that make up 80,000 acres off the Ocean City coastline. Under the deal announced Thursday, the company sold the original $1.5 million New Jersey lease for $215 million…
from https://www.bizjournals.com/baltimore/news/2018/12/21/us-wind-sells-offshore-lease-in-new-jersey-to.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/181300624047
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