Cape Wind Associates has finalized a major deal with a unit of Siemens AG to provide the giant wind turbines, offshore transformer, and maintenance of its planned 130-turbine wind farm off the coast of Cape Cod.
Cape Wind is still trying to nail down federal tax-credits worth potentially hundreds of millions of dollars in order to proceed with the long-delayed and controversial project, which has been vehemently opposed by various groups and homeowners on the Cape and Martha’s Vineyard.
http://www.boston.com/business/2013/12/23/cape-wind-signs-deal-for-offshore-turbines/k5P7faokf8jeZI30QDWn5O/story.html
