Backers push loan guarantee for $2.6B Mass. Cape Wind project

Supporters of the proposed $2.6 billion offshore Cape Wind farm in Massachusetts wrote to the Department of Energy urging approval of a loan guarantee for the project. "Cape Wind carries tremendous importance for unleashing, at long last, one of America's greatest reservoirs of inexhaustible clean energy," wrote environmental and other advocacy groups. "Such action will help lay the strongest possible foundation for offshore renewable energy development in the United States."

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