Maine Offshore Wind Project Scuttled – Statoil Scraps $120 Million Plans

cape-wind-power-farm-b1AUGUSTA, Maine (AP) — Norwegian company Statoil announced on Tuesday that it was abandoning a proposed $120 million wind project off the coast of Maine, which industry officials once said could make Maine a leader in offshore wind power, after Republican Gov. Paul LePage’s administration maneuvered to reopen the competitive bidding process. more@huffpo 10:01

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