Cape Wind Adds More Financing with Danish Pension Fund

What could be the first, and long-awaited, U.S. offshore wind energy project is one step closer to a reality with an additional investor. PensionDanmark, the largest labor market pension fund in Denmark, has pledged to invest $200 million (roughly 1.1 billion Danish krone), conditional upon the project obtaining its full financing needs and beginning construction by year’s end.

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