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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "The Cape Wind Project is an approved offshore wind farm on Horseshoe Shoal in Nantucket Sound off Cape Cod, Massachusetts, United States. The project is proposed by a private developer, Cape Wind Associates, the brainchild of Jim Gordon of Energy Management Inc. The wind farm, an offshore wind energy project in United States coastal waters, is projected to generate 1,500 gigawatt hours of electricity per year derived from wind power.With National Grid and Northeast Utilities terminating their power purchase agreements in January 2015, making it difficult to obtain financing, the future of the Cape Wind project is in doubt.The project is expected to cost $2.6 billion. Cape Wind had arranged to borrow $2 billion through The Bank of Tokyo-Mitsubishi UFJ (BTMU). Siemens has agreed to supply the turbines for the project. Additionally, some construction began in 2013, thus qualifying the project for the federal production tax credit, which expired at the end of the year."@en }

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