Deepwater Wind
56 Exchange Terrace, Providence, Rhode Island, United States

OUR BACKING

The Deepwater Wind team is owned principally by an entity of the D.E. Shaw group, with over $35 billion of assets under management. Our owners are deeply experienced in the energy sector and understand the nature of the industry and the crucial need for ramp-up time to create profitable, utility-scale, ocean-based wind power.

OVER THE HORIZON

Proven technology already used around the globe can harness the strong and steady ocean winds off the shores of the United States, transform them into clean, cost-effective electricity, and transmit that power to where it is needed most. And, by using offshore platform technology proven in the oil and gas industry, we’re able to build wind farms in deep ocean waters many miles offshore, where they are barely visible from shore.

THE OPPORTUNITY

Proven technology already used around the globe can harness the strong and steady ocean winds off our shores and transform them into clean, cost-effective electricity and transmit that power to where it is needed most. And, by using offshore platform technology proven in the oil and gas industry, we’re able to build wind farms in deep ocean waters many miles offshore, where they are barely visible from land.

Deepwater Wind is proud to be America’s leading offshore wind developer.  The company’s path breaking Block Island Wind Farm will be the first in the nation. Led by a veteran management team with experience in developing complex energy projects worldwide, Deepwater Wind is making offshore wind in America a reality.

CLEAN ENERGY

Offshore wind is an excellent source of local, clean, and reliable energy. New technology already used around the globe can harness the strong and steady ocean winds, transform them into clean electricity, and transmit that power where it’s needed through a cable buried deep under the ocean floor.

Cost-Effective

Throughout the last decade, offshore wind has experienced major technological breakthroughs. Those breakthroughs have greatly lowered the cost of building and servicing these clean energy plants. And, since offshore wind is strongest when energy is needed most—in the middle of the day and early evening—it will help to stabilize electric rates.

HEALTHY COMMUNITIES

Traditional power plants burn fossil fuels and emit harmful pollutants. These emissions have significant negative impacts on our environment and public health. Offshore wind is a clean, abundant energy source that will help to displace these dirty fossil fuels, improving the air we breathe and protecting our natural resources.

Responsible Development

As pioneers of the offshore wind industry here in the United States, we take our commitment to be a leader in responsible energy development very seriously. Deepwater Wind ensures that for each project under development, wildlife, the environment, or other users of the ocean won’t be adversely impacted.

Deepwater Wind is proud to be America’s leading offshore wind developer.  The company’s path breaking Block Island Wind Farm is the first in the nation. Led by a veteran management team with experience in developing complex energy projects worldwide, Deepwater Wind is making offshore wind in America a reality.

Headquartered in Providence, RI, we are actively planning offshore wind projects to serve multiple East Coast markets located 15 or more miles offshore, including New York, Massachusetts, Rhode Island, and New Jersey.