Cape Wind will now have a home in New Bedford.

The offshore wind developer is expected to announce a lease agreement to operate the city's marine commerce terminal with Governor Deval Patrick Friday morning. The announcement was scheduled to take place at the New Bedford terminal site but has been moved to Charlestown.

It was also announced during Thursday night's City Council meeting that the name of the terminal would be changed.

Councilors and some state lawmakers were up in arms to learn the New Bedford Marine Commerce Terminal will now be called the Massachusetts Marine Commerce Terminal. They said losing "New Bedford" in the title would be an embarrassment to the city and unanimously agreed to demand Patrick to go back to the original name.

The Standard-Times reports Cape Wind will rent the terminal for two years at a cost of $4.5 million.

It will use the location to assemble and construct it's offshore wind project.