Cape Wind News

Judge skeptical of Cape Wind challenges

By Patrick Cassidy
pcassidy@capecodonline.com
April 30, 2014

BOSTON — Plaintiffs in the latest Cape Wind-related lawsuit to find its way into a federal courtroom faced an uphill battle Tuesday.

"Having read the briefs carefully I start and almost end with the 11th Amendment," U.S. District Judge Richard Stearns said at a hearing on a motion to dismiss the challenge of a state-approved contract between the offshore wind energy developer and NStar.

Cape Wind Secures $600 mln in financing from Danish agency

Feb 26 (Reuters) - Cape Wind said on Wednesday it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast, and expects to have the rest locked up by the end of the third quarter.

Danish state-owned export credit agency EKF approved the loan pending due diligence, Cape Wind President Jim Gordon said at a power industry conference in Boston. EKF is the project's biggest financial commitment to date.

Electric Grid Manager Validates Benefit of Cape Wind

According to an article in the State House News Service, Independent System Operator New England Vice President of System Planning Stephen Rourke compared the value to the electric grid of Cape Wind connecting into Cape Cod with power projects located in northern New England:

Cape Wind Rally & Concert

At the culmination of the 70-mile Energy Exodus march from coal to Cape Wind, Better Future Project and 350.org Massachusetts held a rally and concert in support of Cape Wind.