Cape Wind gets $200M investment from Danish fund

Published June 18, 2013 11:33pm ET



BOSTON (AP) — The Cape Wind offshore wind project has secured a $200 million investment from a Danish pension fund in what its president says is a milestone for the proposed 130-turbine project.

The $2.6 billion Cape Wind project aims to be the nation’s first offshore wind farm. But Cape Wind has been delayed by lengthy reviews and entrenched opponents since it was proposed in 2001 and has been looking for financing.

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