US Wind names Offshore Wind Pioneer Jeff Grybowski as CEO

Today, US Wind announced that it has named Jeffrey Grybowski as Chief Executive Officer.

Grybowski will lead US Wind as the company embarks on development of a major offshore wind project off the coast of Maryland. In August, funds managed by affiliates of Apollo Global Management committed to invest up to $265 million in convertible debt and equity to acquire an equity stake in US Wind and fund development and construction costs for its offshore wind project.

Grybowski is the former Chief Executive Officer of Deepwater Wind, the pioneering American offshore wind company. Under Grybowski’s leadership over nearly a decade, the company developed and constructed the Block Island Wind Farm, the first offshore wind farm in the United States, and secured a portfolio of offshore wind power contracts across multiple US East Coast states.

US Wind was an early mover in the offshore wind sector in the United States by acquiring the 80,000-acre federal lease area off of the coast of Maryland in 2014. In 2017, the Company was awarded Offshore Renewable Energy Credits (ORECs) from the State of Maryland for the first phase of its MarWin project. In total, the Company’s lease area can support approximately 1,500 MW of offshore wind capacity. In 2019, Maryland passed the Clean Energy Jobs Act, which increased the state’s offshore wind requirements, calling for an additional 1,200 MW to be procured from developers with projects near Maryland.

Original Source: https://ocean-energyresources.com/2020/12/04/us-wind-names-offshore-wind-pioneer-jeff-grybowski-as-ceo/