Principle Power Applauds Governor Kate Brown's Announcement of Offshore Wind Advisory Committee

Seattle, WA (USA), August 26, 2015 – Principle Power, Inc. (Principle Power) is pleased to applaud Oregon Governor Kate Brown’s announcement of the formation of an Offshore Wind Advisory Committee.

Project Manager Kevin Banister issued the following comments today in response to the Governors announcement: “Principle Power’s WindFloat Pacific Project has enormous potential to grow Oregon’s economy and jobs, and launch the offshore wind industry in the West Coast, and we are delighted that Governor Brown and state leadership have demonstrated a commitment to bringing this enterprise to Oregon. We are committed to working with utilities, consumer groups, and other stakeholders to find the best way to bring this US Department of Energy backed multi-million dollar investment to the state. We are confident that the Governor’s advisory committee will find a path forward so that Oregonians can benefit from homegrown renewable energy and add jobs across the state.”

CEO of Principle Power, João Metelo added: “We are excited to bring this groundbreaking project and market leading technology to Oregon. Further we welcome the opportunity to shape the project in cooperation with our local stakeholders helping ensure success for all parties.”