Platts - Power Lines: Breeze picks up for Cape Wind, as power purchase talks begin

Nine years of gestation may be near to culminating in the birth of the first US offshore wind farm, for real. Cape Wind, which has roiled the rich and not-so-rich of Cape Cod for years, is in serious talks with National Grid about a long-term power purchase agreement. The PPA would enable financing for the 468-MW project.