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Cape Wind Associates
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Developer of offshore wind power farms

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Company type Private Public ()
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Industry Group energy & power

Sector wind

TRL Range 1-3
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Boston, MA Boston, United States
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Updated by Cleantech Group on 10/27/2022

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Date Company
11/29/2012

NSTAR NSTAR

Cape wind has secured an approved power purchase agreement from NStar for the off-take of 27.5 percent of the wind farm's projected output.

Confirmed by NSTAR

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Date Partner Type
03/17/2014
Prysmian Prysmian
Contracts cover the provision of the intra-array and export power cables for America's first offshore wind farm.
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Confirmed by Prysmian
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IPO INFORMATION

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Date Investors Type Amount
07/02/2014 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Cape Wind Associates has received a $150m loan guarantee from the US Department of Energy (DOE) to construct what will be the nation’s first offshore wind farm, off the Massachusetts coast. The conditional guarantee is for a 360MW phase one of the 468MW project, which will feature 130 Siemens 3.6-megawatt offshore wind turbines.
Loan Guarantee $150,000,000
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