SouthCoast Wind CEO: Offshore project not ‘economically and financially viable’

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MASSACHUSETTS WIND farm developer Southcoast Wind Energy LLC wants to scrap its agreements to sell 1,200 megawatts of electricity to the Commonwealth amid rising project costs. Pictured are wind turbines from the Block Island Wind Farm. / COURTESY ORSTED U.S. OFFSHORE WIND
PROVIDENCE – The CEO of SouthCoast Wind Energy LLC was grilled for more than two hours on Monday and repeatedly asked why the company should be allowed to renege on its power contracts during a contentious hearing in Warwick before the Rhode Island Public Utilities Commission.  SouthCoast, formerly known as Mayflower Wind, wants to scrap…

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