In this work, we demonstrate that the Bochner integral representation of the Algebraic Riccati Equations (ARE) are well-posed without any compactness assumptions on the coefficient and semigroup operators. From this result, we then are able to determine that, under some assumptions, the solution to the Galerkin approximations to these equations are convergent to the infinite dimensional solution. Going further, we apply this general result to demonstrate that the finite element approximation to the ARE are optimal for weakly damped wave semigroup processes in the $H^1(\Omega) \times L^2(\Omega)$ norm. Optimal convergence rates of the functional gain for a weakly damped wave optimal control system in both the $H^1(\Omega) \times L^2(\Omega)$ and $L^2(\Omega)\times L^2(\Omega)$ norms are demonstrated in the numerical examples.
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