A Fading Coal Town Banked on a Wind-Power Boom. Then Came Trump.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2025
0mins
Should l Buy ?
Source: WSJ
Transition from Coal to Wind: Pat Haddad, a state representative in Somerset, Massachusetts, has shifted focus from the closed coal-fired power plant to promoting the offshore wind industry as a solution for the local economy.
Investment in Clean Energy: A $200 million factory project is planned on the site of the old plant to produce underwater cables for offshore wind energy, highlighted by President Biden's visit in 2022 as part of America's clean-energy initiative.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
