Feds Refuse to Fund Floating Offshore Wind Project in Maine

Nov 04, 2024

∙ Paid

Dealing a stunning financial blow to a controversial renewable energy project off the New England Coast, the U.S. Department of Transportation (DOT) Oct. 21 rejected a grant application for $456 million to build offshore wind turbines and install them on floating platforms in the Gulf of Maine.

The decision marks a setback for Maine Gov. Janet Mills (D),…

Keep reading with a 7-day free trial

Subscribe to Energy News Beat to keep reading this post and get 7 days of free access to the full post archives.