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Days before Trump takes office, Brayton Point loses $300 million offshore wind cable plant development project

Summary by CommonWealth Beacon
THE ITALIAN COMPANY seeking to build a cable manufacturing plant at Brayton Point in Somerset, Massachusetts, pulled the plug on the $300 million project Friday, dealing a major blow to offshore wind development on the East Coast as well as the economic prospects of the small South Coast town.The Prysmian Group spent nearly three years obtaining all the necessary state and local permits, including beating back a regulatory challenge brought by a…
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