A subsidiary of Greenbacker Renewable Energy has bought the rights to build an over 15MW wind farm in the US state of Maine for an undisclosed price.
The 15.3MW RoxWind project has been developed by Palmer Management Corporation and other unnamed parties.
It is contracted to sell electricity through long-term off-take agreements with four local municipal utilities.
RoxWind is expected to come online in the third quarter of 2021.
Sheppard Mullin Richter & Hampton was the legal advisor to Greenbacker for the transaction.
Greenbacker chief executive Charles Wheeler said: “We are thrilled to continue expanding the scale and geographic diversity of our wind fleet as we acquire our first Maine-based wind facility.
“It has been a pleasure working with the Palmer team on this deal and we look forward to continuing to work with them and the town of Roxbury through the construction and start-up phases of the project.”
Palmer president Gordon Deane said: “This has been a cooperative effort with our Maine and Massachusetts partners, Horseshoe Valley Wind and Solaya Energy, as well as the Town of Roxbury which has been supportive of our efforts to bring a small wind farm on line in Roxbury.
“We expect this transaction to be the first of many with Greenbacker as they expand their portfolio of renewable energy projects.”
Greenbacker will own approximately 543.1MW of generating capacity with the addition of RoxWind.
This comprises 192.5MW of wind, 338.6MW of utility-scale and distributed solar, and 12.0MW of biomass.
Wow, that's the first renewable energy company with a fitting name. The only thing better would be Subsidysucker Renewables. Wonder how the economic shakiness is going to play into their scheme.
Get ready for the onslaught of permits over the next two years as Mills continues her drive to destroy Maine's scenic beauty and economy. We've (Saving Maine) been in Columbia trying to organize/support resistance to the Downeast Wind project. Paul Williamson, Apex's project manager, told me they have no worries about getting a PPA - Just call the PUC and you're all set. Weaver Wind got similar treatment. No more customers in southern NE, so CMP and Emera will be mandated to buy.
"Charles Wheeler said: “We are thrilled to continue expanding the scale and geographic diversity of our wind fleet as we acquire our first Maine-based wind facility." Just one more A-hole destroying Maine's wilderness! We've assembled some of the most reprehensible people in the country ravaging Maines wilderness, in the end it will kill tourism as we gain nothing and in twenty years with our mountains destroyed and topped by rusting hulks that are nothing but eyesores that serve no purpose! Thank you dictator Mills for all your destruction of the state, adding to King and Baldacci's sellout of the state!!
Sold before even built. But DEP ignored our contention that Palmer did not have financial capability. DEP caved into a last minute (as soon as Janet Mills was sworn in as Governor) petition by Attorney for the developer Juliet Browne that denied status of "Scenic Resource of State or National Significance" to Rumford Whitecap in spite of the fact that Mahoosuc Land Trust had received Land for Main;es Future funds to PRESERVE it due to its scenic and ecological significance. Just an example that nothing will ever change and under Mills will get worse.
Even more disheartening is lack of opposition. I spent the better part of a day pressuring Mahoosuc Land Trust officials to attend the hearing and their statements against the project were lukewarm at best. I spent a lot of time trying to rally the hiking community to attend and speak out. The Maine Hiking Face Book page has posts of Rumford Whitecap every week without fail. It has become a hiking hotspot. I called authors of two hiking books, including one who does the lecture/slide show circuit. Not a single hiker showed up.
For me, after 10 years of organizing and testifying against this scourge, it was the last straw. At age 70, I said goodbye to my beloved Maine and moved to Costa Rica. I still cry for Maine!
That wind farm has been a dog for years. Good luck Greenbacker.
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