$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."

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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."

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