28 Oct '13, 2pm

Cape Wind Offshore Plant Sees Legal Hurdles Resolved by Year-End

Cape Wind Offshore Plant Sees Legal Hurdles Resolved by Year-End

NEW YORK CITY -- Cape Wind Associates LLC, the developer seeking to build the first U.S. offshore wind farm, expects to resolve by year-end the last lawsuits delaying the project, clearing the way for construction to begin before a key tax credit expires this year. Two legal appeals remain after the company won 13 previous challenges, Vice President Dennis Duffy said today at the American Wind Energy Association’s Offshore Windpower 2013 conference in Providence, Rhode Island. Cape Wind, based in Boston, has spent more than a decade pursuing the $2.6 billion project in Nantucket Sound, fighting opposition from environmental groups, local fishermen and members of the Kennedy family. It must begin construction by Dec. 31 to earn the federal investment tax credit. “What we are focusing on right now is ensuring we qualify for the ITC before the end of the year,” Duffy said in ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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