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RE: Bloomberg news: Offshore Wind Power Booms as Utilities Invest Billions
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"In Britain, Prime Minister Gordon Brown has lured General Electric Co., Siemens AG and Clipper Windpower Plc to erect projects that would generate 47 gigawatts of power, enough to supply all of Britain's households." "Return on investments for offshore developments are as high as 18 percent, said Martin Billhardt, chief executive officer of PNE Wind AG. That compares with returns of 9 percent to 12 percent for onshore projects." ---------------------------------------------------------------------------- -------------- Neil Callahan Rosemont Seneca 401 Greenwich Street, Suite 400 | New York NY 10013 | 212-933-9965 1010 Wisconsin Avenue, Suite 705 | Washington DC 20007 | 202-333-1880 917-945-9516 (mobile) 866-749-8879 (fax) From: Neil Callahan [mailto:[email protected]] Sent: Friday, April 30, 2010 10:38 AM To: '[email protected]'; '[email protected]'; '[email protected]'; 'Eric Schwerin' Subject: Bloomberg news: Offshore Wind Power Booms as Utilities Invest Billions Offshore Wind Power Booms as Utilities Invest Billions http://preview.bloomberg.com/news/2010-04-29/offshore-wind-boom-begins-as-rw e-and-e-on-brave-stormy-seas-for-18-margin.html
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