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Bank Talks for $1Bln Cape Wind Project to Start Next Month – UPDATE

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Cape Wind says it plans to start discussions with banks to structure a debt and equity funding package supporting the construction of its $1 billion, 420 megawatts offshore wind farm next month.

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April Top Ten Players In Green Energy

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1: Cape Wind The 420-megawatt Cape Wind project  is big, but the expectations for it are even bigger. Interior Secretary Ken Salazar, who just last week announced approval for the project amidst some stiff opposition, expects the Nantucket Sound wind farm to do no less than prove the viability of offshore wind in America. Much remains…

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The Week In Green Energy: Offshore In the USA…

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Interior Secretary Ken Salazar, making the announcement in Boston, conceded that his decision would not please everyone on nearby Cape Cod, where residents will have the best view of the 130 Siemens offshore wind turbines to be deployed across the Nantucket Sound.

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Salazar Approves Landmark Offshore Wind Project [Update]

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Interior Secretary Ken Salazar has awarded Boston-based developer Cape Wind a crucial federal permit supporting the development of a landmark, 420 megawatts offshore wind farm off Cape Cod.

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Offshore Is In The Air, Cape Wind Announces Wind Turbine Deal With Siemens

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Cape Wind knows a good news hook. With offshore dominating the news-cycle  (and the Google search terms), the persistent Boston-based offshore wind developer chose today to announce that it has entered into an agreement with Siemens of Germany to purchase up to 130, 3.6-megawatt wind turbines for the  420-megawatt wind farm it wants to build off…

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Cape Wind Offshore Wind Project Faces New Permitting Hurdle

Cape Wind, the Boston-based developer that for years has been working to launch the development of a 420-megawatt offshore wind farm off Cape Cod, was handed over another challenge with the recent decision by the National Register of Historic Places that the Nantucket Sound is eligible for listing in the National Register of Historic Places. The…

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Cape Wind wins crucial state and local permits; Moves to secure long-term bank debt funding

Cape Wind, the developer of a $1 billion offshore wind farm, capped a seven-year regulatory process on Thursday when it was granted key permits by Massachusetts regulators.In a 7-0 vote, the Massachusetts Energy Facilities Citing Board granted Cape Wind a “super permit,” a certificate that combines all state and local permits. In doing so, it…

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