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NATIONAL GRID RHODE ISLAND has filed a petition to redact proprietary pricing and market projection data related to the Revolution Wind project purchase price agreement it has with Orsted. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

National Grid files to redact pricing info, proprietary market projections in...

PROVIDENCE – National Grid Rhode Island has filed a petition with the R.I. Public Utilities Commission to redact from public disclosure several responses related...
THE R.I OER, R.I. DEM AND COMMERCE RI endorsed the Revolution Wind Farm and the contract between National Grid Rhode Island and Orsted in advisory opinions Friday. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

OER, DEM and Commerce RI support Revolution Wind contract in advisory...

PROVIDENCE - The R.I. Commerce Corp., the R.I. Office of Energy Resources and the R.I. Department of Environmental Management filed advisory opinions on the...

State officials to vote Tuesday on Vineyard Wind project

SOUTH KINGSTOWN – The R.I. Coastal Resources Management Council is scheduled Tuesday to vote whether Vineyard Wind’s proposed 84-turbine offshore wind energy farm –...
A REPORT included with National Grid's filing with R.I. DPUC estimates that the Revolution Wind farm, in tandem with the Connecticut Revolution Wind project and the Vineyard Wind project in Massachusetts, will have a net direct and indirect cost benefit of $91.6 million over more than 20 years. The Block Island Wind Farm is seen in the photograph. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

Revolution Wind R.I. benefit projected to include Mass., Conn. projects too

PROVIDENCE – National Grid Rhode Island says that its proposed contract with Ørsted US Offshore Wind and Eversource will have a net direct and...
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PBN on WJAR-TV, Dec. 31, 2018

2018 was good, but much to be doneEvery week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the...
FUTURE OUTLOOK: Business and nonprofit leaders in Rhode Island meet with Providence Business News Editor Mark S. Murphy to discuss 2018 and where the state is headed. Starting at the head of the table, background, from left, clockwise: Murphy; Providence College Dean of the School of Business Sylvia Maxfield; VIBCO President Karl Wadensten; Washington Trust Bancorp President and Chief Operating Officer Mark K. W. Gim; Crossroads Rhode Island President and CEO Karen A. Santilli; Blue Cross & Blue Shield of Rhode Island Executive Vice President, General Counsel and Chief Administrative Officer Michele B. Lederberg; and Gilbane Building Co. President and CEO Michael E. McKelvy.
 / PBN PHOTO/RUPERT WHITELEY

2018 was a good year, but much work is to come

On Dec. 14, Providence Business News Editor Mark S. Murphy sat down with six leaders of the Rhode Island business and nonprofit community to...

Business community sees many positives in R.I., but needs persist

If only the business community were able to spend more time on Smith Hill doing what it did for the cover story of this...
THE FEDERAL RESERVE, shown above, has issued a report that anticipates increased commercial lending by credit unions based on the relaxing of rules two years ago. Is that a good thing? / BLOOMBERG FILE PHOTO/ANDREW HARRER

Is the expansion of commercial lending by credit unions a good...

New regulations that went into effect in January 2017 relaxed the limits on commercial lending that credit unions may do, the latest twist in...

U.K. finance watchdog makes less from fines after a bumper year,...

LONDON – The total value of fines handed out by the United Kingdom’s Financial Conduct Authority fell by almost 75 percent in 2018, after...
PROVIDENCE MAYOR Jorge O. Elorza has vetoed the rezoning that would authorize the Hope Point Tower. / COURTESY THE FANE ORGANIZATION

Mayor Elorza vetoes Hope Point Tower rezoning

PROVIDENCE – Mayor Jorge O. Elorza vetoed a zoning change on Friday that would have allowed a New York developer to construct the city’s...
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