Advertisement
News
Advertisement

Massachusetts OK's Cape Wind/NSTAR power purchase pact

Mon, 11/26/2012 - 10:24pm
Reuters

(Reuters) - U.S. offshore wind farm developer Cape Wind said on Monday that Massachusetts utility regulators approved a 15-year power purchase agreement with power company NSTAR to buy Cape Wind's energy, capacity and renewable energy credits.

NSTAR is a unit of New England power company Northeast Utilities.

The NSTAR purchase agreement approved by the Massachusetts Department of Public Utilities (DPU) covers 27.5 percent of Cape Wind's power, Cape Wind said in a release.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading