CEO: Private funding, scrutiny makes Deepwater no 38 Studios

June 6th, 2012 at 11:37 am by under Nesi's Notes

By Ted Nesi

PROVIDENCE, R.I. (WPRI) - Executives at the renewable-energy firm Deepwater Wind don’t see any logic in critics’ efforts to link it with 38 Studios because the wind company is relying on private investors to finance its project and is being closely scrutinized by regulators.

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• Related: Q&A: How the Deepwater Wind-National Grid deal works (Aug. 11, 2010)

(rendering: Deepwater Wind)

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2 Responses to “CEO: Private funding, scrutiny makes Deepwater no 38 Studios”

  1. Jim Donahue says:

    No they relied on a kickback to National Grid of 3%, a law forcing the PUC to accept this abomination, having National Grid pass along the costs of the under sea power cables and the over burdened ratepayers of Rhode Island.

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