Friday, March 24, 2023

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Washington Trust loan to support R.I. offshore wind industry

WESTERLY – The Washington Trust Co. recently financed a “significant” loan to a New York offshore wind services company to support offshore wind farms...
CLEAN ENVIRONMENT: An Amgen employee works inside the next-generation biomanufacturing plant built in West Greenwich in 2020. / COURTESY AMGEN RHODE ISLAND/AL WEEMS

Building on the promise of biotech

TECHNOLOGY With help from companies ranging from global corporations to local startups, Rhode Island has had its share of victories in the biotech sector in...
R.I. LARGE SCALE: Matthew Morrissey, head of Northeast markets for Orsted U.S. Offshore Wind Power, stands in the company’s office in Providence in March 2020. / PBN FILE PHOTO/MICHAEL SALERNO

State is banking on power boost

ENERGY/ENVIRONMENT Change usually happens slowly, especially when government gets involved. But in the last five years, the nascent renewable energy sector has exploded in the United...
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