Tuesday, October 29, 2013

BP notifies Public Service Commission of pending sale of Cape wind project


CAPE VINCENT — BP officially has notified the state Public Service Commission of its plan to sell off “in-development” wind assets, including the Cape Vincent Wind Project.
“BP Wind Energy is actively seeking to divest its entire development portfolio to potential buyers that have the strategy and resources to continue to develop these projects. The portfolio includes Cape Vincent Wind Power LLC and the Cape Vincent wind project, and we currently anticipate that the sale transactions will close by year-end,” project manager Richard Chandler wrote in a letter Friday to the PSC.Continue


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