Cape Wind Associates

Energy Department Offers Conditional Commitment to Cape Wind Offshore Wind Project

The Department of Energy (DOE) took the first step toward issuing a $150 million loan guarantee to support the construction of the Cape Wind offshore wind project with a conditional commitment to Cape Wind Associates. If constructed, the project would be the first commercial-scale offshore wind facility in the U.S., with a capacity of more than 360 MW of clean energy off the coast of Cape Cod, Massachusetts.