Bristol County Savings Bank supports wind energy projects in New Bedford with $45K gift

Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. More

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Bristol County Savings Bank supports wind energy projects in New Bedford with $45K gift

PHOTO COURTESY BOB BARTLETT
BRISTOL COUNTY SAVINGS BANK is investing $45,000 in the New Bedford Wind Energy Center at the Port of New Bedford. Attending the passing of the ceremonial check are, from left, Matthew Morrissey, managing director of the New Bedford Wind Energy Center, Bristol County Savings Bank President and CEO Patrick J. Murray Jr., New Bedford Mayor Jon F. Mitchell, and Bristol County Savings Bank Senior Vice President for Commercial Lending Pete Selley.
Posted 3/18/14

TAUNTON – Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. The contribution to the center’s 21st Century Offshore Wind Fund will be given in segments of $15,000 over three years.

“Being a community bank, we take pride in investing in the futures of the cities and towns in which we serve,” said Bristol County Savings Bank President and CEO Patrick J. Murray Jr.

The offshore wind fund is a mechanism for the private sector to support and capture the benefits of the wind energy industry.

“We appreciate Bristol County Savings Bank’s commitment to the New Bedford Wind Energy Center,” said New Bedford Mayor Jon F. Mitchell. “With support from great community partners like the bank, New Bedford is more likely to capture new jobs and investment in the critical emerging market of offshore wind.”

The New Bedford Wind Energy Center was created in March 2013 as part of the New Bedford Economic Development Council. The center ensures that developments in the wind energy industry are integrated into the city’s master plan, New Bedford 2020.

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