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Ørsted completes acquisition of Deepwater Wind, expects to add R.I. jobs

PROVIDENCE – Ørsted’s acquisition of Deepwater Wind LLC for $510 million has been finalized, the Danish company announced Nov. 7.Ørsted entered into an agreement...
JOB CREATION: Matthew Morrissey, left, vice president of Deepwater Wind, at the energy company’s Providence headquarters with John O’Keeffe, manager of operations and marine affairs. Deepwater said 800 temporary construction jobs and 50 permanent maintenance and operations positions will be needed to facilitate the construction of a second Rhode Island-based offshore wind farm. / PBN PHOTO/MICHAEL SALERNO

Offshore wind farms are producing hundreds of jobs in R.I.

Rhode Island, looking to leverage the vast coastline after which it draws its nickname, jumped on the offshore wind farm bandwagon early on and...

New R.I. wind project expected to create 800 construction jobs, 50...

PROVIDENCE – The Revolution Wind project is expected to create 50 permanent jobs for Rhode Island and 800 direct construction jobs, Gov. Gina M....
PROJECTS AKIN to the Block Island Wind Farm , developed by Deepwater Wind, will require significant port acreage. / BLOOMBERG FILE PHOTO/ERIC THAYER

Can R.I. ride wind-energy wave?

Rhode Island has invested heavily in its port infrastructure in recent years, to retrofit what had been created with the last century’s industries in...
THE UNIVERSITY OF MASSACHUSETTS would receive $1 million over five years from Deepwater Wind if the company's proposed Massachusetts offshore wind project is approved by Massachusetts public utilities.

Deepwater Wind pledges contingent $1M grant to UMass Dartmouth-led project

DARTMOUTH – Deepwater Wind LLC has pledged a contingent $1 million over five years in seed funding to form a new Blue Economy Initiative...
DEEPWATER WIND LLC has proposed to build a 144-megawatt wind farm and 40 megawatt-hour battery storage system called "Revolution Wind" to serve Massachusetts. / COURTESY DEEPWATER WIND LLC

Deepwater Wind proposes building 144MW offshore wind project for Massachusetts

Updated, 9:36 a.m., Aug. 2 NEW BEDFORD – Looking to expand its offshore wind operations, Deepwater Wind LLC has proposed building a 144-megawatt wind farm...
Helena Foulkes and Jeffrey Grybowski ranked on Fast Company's Most Creative People In Business 2017 list on Monday. / COURTESY FAST COMPANY

Two R.I. businesspeople rank on Fast Company’s most-creative list

PROVIDENCE - Helen B. Foulkes, executive vice president of CVS Health Corp., and Jeffrey Grybowski, CEO of Deepwater Wind LLC, made Fast Magazine's The Most...
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