"How many more"
Bad Faith Deals ?
Cloaked in legal darkness
BANGOR, Maine (AP) — A jury has awarded $13.6 million to an electric cooperative that sued for breach of contract over a failed transmission line deal.
Eastern Maine Electric Cooperative sued after a deal fell through to buy a portion of a transmission line connecting three wind farms to the power grid.
Eastern Maine attorney Sigmund Schutz says a Bangor jury ruled Friday against First Wind Holdings and TerraForm Power Inc.
First Wind wanted to sell the power line in 2011, but the deal fell apart because of questions over who'd be responsible for repairs.
Eastern Maine CEO Scott Hallowell says the verdict vindicates the company's position that First Wind acted in bad faith. An attorney for the defendants wasn't immediately available.