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U.S. Offshore Wind Projects and Vessels

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Financing Opportunities with the
Department of Energy Loan Programs Office

Duration: 45 min

Original Airdate: February 17, 2022

The U.S. offshore wind goal of 30 GW installed capacity by 2030 presents significant opportunities to develop Jones Act-compliant specialized support vessels. The White House announced in March 2021 that grants and funding resources related to offshore wind will be prioritized by federal agencies to enable America to meet this ambitious goal. The U.S. Department of Energy (DOE) Loan Programs Office (LPO) is ready to explore with you how LPO financing could support your offshore wind and clean technology efforts.

Join us to learn about LPO’s role in the commercialization of renewable and offshore wind projects. Public/private partnerships will be key to the development of specialized support vessels that will be required by the offshore wind sector. We will review how vessel financing fits with LPO’s loan programs, and how ABS can assist with your efforts.

We will address questions such as:

  • How many and what type of specialized vessels are needed to support U.S. offshore wind projects?
  • How can we accelerate the expansion of the U.S. supply chain to deliver the vessels needed?
  • What innovations are available to modify the existing fleet as needed?
  • How does the development of Jones Act-compliant specialized vessels fit with LPO’s loan programs?
  • What is LPO’s application process, and how can we find out the requirements to secure financing assistance? Where can vessel owners start?



Director, Outreach and Business Development,
U.S. Department of Energy, Loan Programs Office (LPO)

Robert has been active as an attorney and banker in the energy sector for over 20 years in the U.S. and abroad, and currently leads LPO’s business development activities to support innovative energy projects in the U.S.

Executive Director - National Offshore Wind Research and Development Consortium (NOWRDC)

Carrie has held numerous leadership positions in the energy market and currently leads NOWRDC's efforts to help advance offshore wind in the US through the innovation and technology initiatives of the Consortium.

Vice President, Global Offshore Wind

Greg has more than 20 years’ energy industry experience with Fortune 500 and global energy companies, and currently leads global strategic planning and client development for the offshore wind division at ABS.


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