Citi: Deepwater Wind – America’s First Offshore Wind Farm :90

The US needs to develop more renewable and clean energy resources because there are limits to the amount of fossil fuels that we can burn Since 1925 we have depended on diesel generators burning approximately a million gallons of diesel fuel a year

We're going through an energy revolution Our mission is to make offshore wind one of the principal new sources of energy Not every bank is willing to get involved in a in a first-of-its-kind project Citi really stepped up when we needed them Citi saw the promise of clean energy and they work really closely with us financing the first offshore wind from the United States

One of the core tenants of Citi's role as a global financial institution is in financing global transformational infrastructure projects Block Island wind farm fits right into that category of projects that really move the world forward Citi's involvement in this first project makes the second third and fourth projects more likely Just seeing this wind turbines and they're really awe inspiring, something so big and I've helped do this it is very rewarding This wind farm will lower power prices, we're polluting the air less, businesses and homes can rely on a steady source of power The Block Island wind farm is our catalyst this will be the first of many offshore wind farms in the US

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