Cape Wind, Once Hailed as First U.S. Offshore Wind Farm, is Officially Dead

By Brian Eckhouse and Joe Ryan (Bloomberg) -- Cape Wind, the offshore wind project off the coast of Massachusetts that drew the ire of the Kennedy and Koch families, is officially dead. Energy Management Inc. has ceased efforts to build what was once expected to become the first offshore wind farm in the U.S., according to an emailed statement from Chief Executive Officer … [Read more...]