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Cape Wind signs lease for New Bedford staging area
Announcing a lease deal with Cape Wind, state officials expect the offshore wind farm developers, who are still fighting lawsuits and assembling financing, to begin operations at the South Coast Marine Terminal in New Bedford in January 2015. The Mass Clean Energy Center on Friday announced that under a two-year lease, Cape Wind will pay $4.5 million in rent to use the 28-acre facility. The lease deal terms include options for two, one-year extensions. Read more here.




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