Good Energies Backs Atlantic Wind Connection Project

Atlantic Wind Connection is planning to file with energy regulators a proposal to build a power transmission system in the Atlantic Ocean, Reuters reported. The project, which would stretch from New Jersey to Virginia along the Mid-Atlantic coast, is sponsored by private equity firm Good Energies, Google, and Japanese trading company Marubeni Corp. The project would cost an estimated $5 billion, Reuters said. Good Energies has offices in New York, London and in Zug, Switzerland. Atlantic Wind Connection is based in Chevy Chase, Maryland.

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