A 33-year lease for commercial wind energy generation in the area of approximately 46 square miles on the Outer Continental Shelf (OCS) in Nantucket Sound offshore Massachusetts. Cape Wind must pay $88,278 in annual rent prior to production, and a 2-7% operating fee during production.
Commercial Lease of Submerged Lands for Renewable Energy Development on the Outer Continental Shelf- Cape Wind Associates, LLC [Renewable Energy Lease No. OCS-A-0478]
US Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE)
Wednesday, October 6, 2010