Attentive Energy investing $10.6M in supply chain, startups to help New Jersey offshore wind
A company proposing a wind farm off New Jersey is investing $10.6 million to help grow the industry’s supply chain and support related technology startups
MIDDLETOWN, N.J. — A company proposing an offshore wind farm in New Jersey is investing $10.6 million in projects to help grow the industry's supply chain and support ocean-based technology startup businesses in the state.
Attentive Energy is one of four projects proposed in New Jersey's most recent round of solicitations for offshore wind projects. It is a collaboration between Houston-based Total Energies, and Corio Generation, with offices in Boston and London.
During an event at Brookdale Community College, Damian Bednarz, the company's president, said Attentive Energy will invest $6.6 million in SeaAhead. That is a company that supports ocean-related technology firms; it will establish a business incubator program in New Jersey.
Attentive Energy will invest another $4 million in technical support for small businesses at 11 regional small business development centers across the state.
A key goal of the company is to localize and diversify the supply chain for the offshore wind industry.
Continuing problems with the offshore wind supply chain was a major factor in Danish offshore wind developer Orsted's decision to scrap its two offshore wind projects in New Jersey last month.
“In New York and New Jersey, you'll always find someone who says, ‘This is great: I have a service for this, I have a business for this,’” Bednarz said.
Boston-based SeaAhead's Blue Angels group has funded 29 startup businesses in the last three years, said Alissa Peterson, its co-founder and CEO.
“We need to create an environment where the best and the brightest choose to solve the hardest
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