Breaking News! Cape Wind Receives First Offshore Wind Lease

Wednesday, October 6 - U.S. Interior Secretary Ken Salazar and Cape Wind President Jim Gordon signed the first lease for an offshore wind farm in the federal waters of the United States this morning at the American Wind Energy Association's Offshore Wind Conference in Atlantic City, New Jersey.

"This crucial milestone opens a new chapter of clean electricity production and a new source of jobs for our nation," said Jim Gordon, President of Cape Wind.

The lease authorizes Cape Wind to construct the 130 turbine offshore wind farm on Horseshoe Shoal in Nantucket Sound, and to operate the facility for a period of 25 years.

"The signing of this lease sends an important market signal to the offshore wind industry that the United States is ready to move forward and that Cape Wind will be the first of many offshore wind projects in this country," Gordon said.

To read the full press release, go here.
 
This is an important milestone that brings this important renewable energy project a step closer to construction. Locally the only remaining regulatory hurdle is approval of the Cape Wind contract with electric utility National Grid. That approval is expected in late November.
 
Jim Gordon will be the featured speaker at ELM's Lawyers Event on December 1. We will send out an electronic invitation to the Lawyers Event soon (in spite of the name, all are welcome).

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