NRG Is Buying Bluewater Wind
Bluewater Wind is making "an important announcement" today in two separate public meetings, upstate and downstate. I'm guessing that Bluewater will announce new financing from a new parent company. Last week, the News Journal published a story that NRG was in talks to buy Bluewater and finance the construction of the country's first offshore wind power project.
Update: It's official; NRG is buying Bluewater:
Peter Mandelstam will remain president of Bluewater Wind and lead wind power development for NRG.
Stay tuned.
Update: It's official; NRG is buying Bluewater:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizUef5x1zSFKak62bmVKnKSQsGAhAklsCXiBFKEibrp8cHrkCngFfIeLbrWbIKjNH7fTXEnZKfhtaGB1yaAEHhVOAEGmBlVE45Pw1eJEwrA9asgpEQ5X7J4wuGafjmaRyP0yyl/s400/BWW+NRG+letter.jpg)
Stay tuned.
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