It was a long hard fight with PEPCO holdings fighting it every step of the way - but the deal was struck this morning.
As Delaware's top blogger, Tom Noyes, put it it:
The News Journal identifies one important factor as to why Delmarva Power accepted Senator Tony DeLuca's invitation to sit down and work out an agreement:
But after an outpouring of public sentiment for a wind deal, and after DeLuca and Lt. Gov. John Carney got involved, Delmarva started negotiating.
This is a huge win.
Here is Blue Water Wind's statement in advance of thier press conference.
You Are Invited
Bluewater Wind would like you to join us for a gathering following today’s announcement that Bluewater Wind and Delmarva Power have reached an agreement that will enable Bluewater Wind to build the nation’s first offshore wind park.
During this event, Bluewater Wind will provide an overview of the agreement between the two companies, and representatives from Bluewater Wind will be on-hand to answer any questions you may have.
Bluewater Wind is excited to share the details of how this opportunity will allow us to provide Delawareans with clean, renewable, stable-priced energy!
You may join us at either of these two locations, please note the one in Newark begins at 3:00 PM today, while the event in Rehoboth begins at 7:00 PM:
Monday June 23, 3:00 PM - Ramada Newark/Wilmington Area
260 Chapman Rd.
Newark, DE 19702 US
Phone: 302-738-3400
Monday June 23, 7:00 PM - The Boardwalk Plaza Hotel
Olive Ave. at the Boardwalk
Rehoboth Beach, DE 19971
Phone: 800.33-BEACH
Light refreshments will be served. No R.S.V.P. is required.
We hope to see you there!
Robert Propes
office: 302.731.7020 mobile: 302.345.3956 fax: 302.731.8020
One Innovation Way, Suite 304 F Newark, DE 19711
rob@bluewaterwind.com
Bluewater Wind / A Babcock & Brown Company