$4.5M deal for Cape Wind to use New Bedford as staging and construction area terminated

IndustriesAssociated Press

A $4.5 million deal between the state and the developers of a proposed wind farm off Cape Cod to use New Bedford as a staging and construction site has been terminated, a sign critics say is more evidence the project is dead.

The Cape Cod Times (http://bit.ly/1wPJRLC ) reports that the Massachusetts Clean Energy Center issued a statement Monday saying the agency and Cape Wind "mutually agreed to end their lease agreement."

Continue Reading Below

In January, the state's two biggest utilities pulled out of deals to buy power from the 130-turbine, $2.5 billion project.

A Cape Wind spokesman says the timetable for the project has changed and efforts are being made to bring the utilities back on board.

The president of a group that opposes the wind farm says Cape Wind is "failing."


Information from: Cape Cod (Mass.) Times, http://www.capecodonline.com