Maryland Offshore Wind Project
08 Feb 2019
< 1 min.
US Wind Inc. ("US Wind") has appointed Natixis as the sole and exclusive financial advisor for its 268.8-Megawatt Maryland offshore wind project.
The project involves a total investment of $1.6 billion and is part of the comprehensive Climate Action Plan to develop domestic clean energy resources and cut carbon pollution. Located 17 miles offshore of Ocean City, Maryland, it is expected to be operational in 2021 and to produce enough energy to power 76,000 homes in the state.
US Wind is a leader in renewable energy development and infrastructure projects and a subsidiary of Toto Holdings SpA., a privately-owned construction and engineering company based in Italy.
