Bluewater Wind would like to thank all of the many, many supporters who helped bring Delaware's Offshore Wind Park a big step closer to reality. The four state agencies have directed Delmarva Power to negotiate with Bluewater Wind to develop an agreement under which clean, stable-priced electricity from the wind park will be supplied to Delaware residents.

Per the rules of Public Services Commission, these negotiations are to be confidential. This policy is in the best interest of Delaware ratepayers, as it allows all parties to have a frank discussion about various issues so that cost-effective solutions can be found. Bluewater Wind will of course be honoring this rule, and so our contact with the public, the press, and our supporters will necessarily be more limited during this period than is the norm for Bluewater Wind.

The key terms of this contract, including price, will be made public once the parties have reached agreement, and the entire agreement will be approved by state officials. Once the agreement is in place, the permitting process will begin. We look forward to this process as an opportunity to meet with all stakeholders and provide the information they desire, in as great a detail as possible, about all aspects of the project.