The developer of a wind farm opposed by two Massachusetts tribes secured $600 million in funding, putting the project closer to its $2.5 billion goal.

Cape Wind hopes to complete financing later this year. Construction could begin in 2015 and the project could start generating power in 2016.

The Obama administration approved Cape Wind over the objections of the Aquinnah Wampanoag Tribe and the Mashpee Wampanoag Tribe. The tribes say the placement of 440-foot tall turbines in Nantucket Sound will harm sacred and cultural sites.

The tribes also say the turbines will interfere with their view of the sun. The Wampanoag people are known as the People of the First Light.

Get the Story:
Cape Wind Gets $600M Loan From Danish Company (Cape Wind 2/26)
Cape Wind secures $600M loan (The Cape Cod Times 2/27)
Funds and New Timetable for Offshore Wind Farm in Massachusetts (The New York Times 2/27)
Danish firm lending $600M to Cape Wind (The Boston Herald 2/27)
Cape Wind secures $600m loan, developer says (The Boston Globe 2/27)

Interior Department Approval Documents [April 2010]:
Press Release | Fact Sheet | Environmental Assessment | Finding of No New Significant Impact | Record of Decision | Project Site Map | Secretary’s Response to the Advisory Council on Historic Preservation

Related Stories:
Robert Kennedy: Wind farm a threat to Wampanoag sacred sites (07/19)
Massachusetts tribes to continue fight against wind farm (4/29)