BOSTON (AP) — As it seeks investors, a project off the Massachusetts coast that aims to be the first U.S. offshore wind farm must reach fast-approaching benchmarks or risk missing out on hundreds of millions in critical funding, including $200 million from a Danish pension fund. To qualify for a tax credit that would cover a major portion of its
Pioneering Offshore Wind Project Faces Deadlines
The 130-turbine project would give new visibility to U.S. wind energy, must begin by Dec. 31 to qualify for crucial investment tax credit.