Two
local
businesses
had
tried
to
get
the
deal
overturned
on
the
basis
that
the
power
price
to
be
paid
by
the
utility
was
too
high.
Deepwater
chief
executive
William
Moore
says
the
unanimous
ruling
“solidifies
Rhode
Island’s
position
as
a
national
leader
in
building
a
clean
energy
future
for
our
country.”
The
developer
will
now
proceed
with
permitting
and
construction
planning
phases
of
the
project,
with
commercial
operation
targeted
for
2013
or
2014.
To
date,
Deepwater
has
invested
more
than
$10m
in
the
Block
Island
project,
which
will
be
located
in…
