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Homecoming Capital invests $50 million in clean energy terminals for U.S. offshore wind projects

By: Chloe Emanuel 30/05/2024 HomeComing Capital

Corporate General Windfarms

Homecoming Capital, a private investment firm, has committed $50 million to Clean Energy Terminals to support the early-stage development of offshore wind energy infrastructure in the U.S. This investment aims to help the U.S. advance in the offshore wind sector, an area where it lags behind Europe and China.

Clean Energy Terminals, based in Valencia, California, specialises in developing onshore infrastructure for the manufacturing, assembly, dispatch, and maintenance of equipment used in offshore wind projects, including blades and support towers.

The company has identified over 40 potential development sites across New Jersey, California, the Gulf of Maine, and other regions. CEO Brian Sabina stated that the company is in discussions with relevant authorities and landowners to move these projects forward.

For more information about offshore wind farm projects across the globe, click here.

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Homecoming Capital invests $50 million in clean energy terminals for U.S. offshore wind projects

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