Massachusetts Attorney General Martha Coakley urged the state’s Public Utilities Commission to approve the power purchase agreement between Cape Wind and National Grid, the Boston Globe reported yesterday.
Last month Coakley helped negotiate a reduction in the proposed rate from 20.7 cents per kilowatt/hour to 18.7 cents per kilowatt/hour.
The Globe also reported that Coakley withdrew her request for cost information from the deal. The attorney general initially said that information was crucial to allow for an appraisal of the project’s merits.
In another piece of good news for the developer, the Federal Aviation Administration has finalized its “Determination of No Hazard,” Cape Wind announced yesterday.
Wed, Aug 11, 2010
Business, Federal, New England, Politics