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Company that left Maine invests $2.5 billion in offshore wind farm near United Kingdom

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AUGUSTA, Maine — A Norwegian company that pulled the plug on an offshore wind project in Maine has invested $2.5 billion in a project off the coast of the United Kingdom.

Wind energy advocates say it shows that Maine missed a big opportunity when Statoil left last year.

The company's decision to nix the project followed political maneuvering by Republican Gov. Paul LePage's administration, which opposed the project because it would be too costly for ratepayers.

LePage Energy Director Patrick Woodcock tells the Portland Press Herald (http://bit.ly/1nrOzJq ) that there's no connection between Statoil's latest investment and what it could have invested in Maine.

With Statoil's departure, Maine Aqua Ventus, which includes the University of Maine and its partner companies, is the only group pursuing a wind project off the coast of Maine.


Information from: Portland Press Herald, http://www.pressherald.com

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