Thursday, March 21, 2013

Japanese bank to to fund first U.S. offshore wind farm

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Offshore wind turbines near Copenhagen (Photo: Tony Moran/Shutterstock)


Not having a section devoted to cures for insomnia, Gizmag tends to pass over press releases about investment agreements. Tuesday's announcement that the Bank of Tokyo-Mitsubishi UFJ (BTMU) is to find somewhere in the order of US$2 billion for the Cape Wind is extremely interesting, however, as it means the U.S. should finally build its first offshore wind farm, with construction slated to commence before the year's end... Continue Reading Japanese bank to to fund first U.S. offshore wind farm



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