Lake Erie Energy Development Corporation (LEEDCo) is a private nonprofit enterprise established in 2009 to represent Northern Ohio's public interests in offshore wind. The company's ambition to develop, install, and deploy an initial 20 megawatt (MW) offshore wind pilot project near Cleveland in Lake Erie is expected to make a significant impact in the region. The project, which is slated for installation in 2012, aims to achieve 1,000 MW of wind capacity in the Ohio waters of Lake Erie by 2020. As the first freshwater offshore wind farm in North America, the project is not only groundbreaking but also holds the potential to drive economic growth and sustainable development in Ohio. In December 2014, the company received a $2.80M grant investment to support its endeavors in the renewable energy sector. With its focus on energy, renewable energy, and energy efficiency, LEEDCo is positioned to play a key role in empowering Northern Ohio with renewable offshore wind energy, contributing to economic growth in the region while championing sustainability.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $2.80M | - | 22 Dec 2014 |
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