Apr 16, 2013

U.S. Offshore Wind Farm Receives $2 Billion From Japanese Banks

 "The Bank of Tokyo has invested $2 billion into Cape Wind, the 130-turbine wind farm that is inching closer to becoming a reality. The project is vying to the first offshore wind farm in the U.S. after a decade-long campaign mired by red tape in order to receive approval. Proposed to be installed in Nantucket Sound, the wind farm is estimated to have a capacity of 468 megawatts."