Deepwater Floats Long Island Offshore Wind Power to LIPA

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Deepwater Wind LLC, the company building what may be the first offshore U.S. wind project, is seeking a contract from the Long Island Power Authority for a proposed $1 billion wind farm off the coast of New York.

The Deepwater ONE project would be built 30 miles (48 kilometers) east of Montauk and start supplying more than 200 megawatts of power in 2018, the Providence, Rhode Island-based company said today in an emailed statement. Deepwater already has a federal lease for the project, envisioned to eventually produce as much as 1,200 megawatts of power.