Welcome!

News Feed Item

First Wind Makes $600,000 Community Benefit Payment as Early Construction Activity on Oakfield Wind Continues

First Wind, an independent U.S.-based renewable energy company, announced today that it has made the first payment to the town of Oakfield in the amount of $600,000 as part of the community benefit agreement. Situated about 2.5 miles from the center of Oakfield in Aroostook County, Maine, early construction on the 148 megawatt (MW) project began in late 2013. The Oakfield project will provide $12 million in community benefit payments over the next 20 years. In addition to the community benefit payments, First Wind is also scheduled to make about $15 million in tax payments over the next 20 years.

“We are pleased to make this initial payment and we are looking forward to helping support and contribute to the business community in Oakfield and surrounding areas,” said Paul Gaynor, CEO of First Wind. “This is going to make a real difference for the residents in the town of Oakfield. First Wind is committed to building partnerships in our project communities, and we’ve had a great experience working with the town of Oakfield. It is exciting to see the early construction progress at Oakfield and we are looking forward to seeing the activity increase in the coming months.”

Throughout the development and planning phases, First Wind has worked very closely with the town and its Windpower Review Committee to solicit significant community input in designing the project and establishing a community benefit partnership. As part of the local review process, First Wind made a number of commitments to the town and incorporated those commitments into its original Maine Department of Environmental Protection (DEP) application.

Ninety percent of the funds from this first payment from First Wind to the town will be used for tax relief for town residents. The town has other plans for future uses of funds.

“We are thrilled to receive this first payment from First Wind and we are looking forward to directing it to priority areas that can best benefit Oakfield and its residents,” said Dale Morris, Town Manager of Oakfield. “From the beginning, we’ve wanted to ensure that Oakfield residents see the real benefits of this project. With the tax relief we’re providing, homeowners in town are feeling the benefits in a real way. First Wind has been good to work with, keeping Oakfield involved in the development process and being receptive to local input. We are eager to continue this collaboration and are looking forward to the future of this project.”

First proposed in 2008, the Oakfield Wind project received unanimous approval from the Maine DEP in January of 2012. In 2011, town of Oakfield residents voted 81-21 to approve the tax and community benefit agreement. The power that will be generated by the Oakfield Wind project is contracted to be sold to Massachusetts customers of four utilities as part of a 15-year contract, and will generate enough clean energy at cost-competitive rates to power about 50,000 homes.

Major construction of the project is expected to start later this year, with a completion and generation date predicted for 2015. Vestas will supply the 48 V112 turbines with a capacity of 3.075 MW each to the Maine project.

Other communities along the planned power line or “generator lead”, which will connect the wind project to the New England electrical grid, will also receive tax revenues from the project.

First Wind has invested $600 million in wind projects in Maine. The company currently has five operational wind projects in Maine including the 42 MW Mars Hill Wind project in Aroostook County, the 83 MW Stetson Wind I and II projects in Washington County, the 60 MW Rollins Wind project in Penobscot County, and the 34 MW Bull Hill Wind project in Hancock County. These facilities have the capacity to generate 219 MW, enough to supply clean power for the equivalent of more than 95,000 households.

About First Wind
First Wind develops, finances, builds, and operates utility-scale renewable energy projects throughout the United States. Based in Boston, First Wind currently operates wind power facilities in the Northeast, the West and Hawaii, with combined capacity of more than 1,000 megawatts (MW) – enough to power about 300,000 U.S. homes each year. For more information on First Wind, please visit www.firstwind.com or follow us on Twitter @FirstWind.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
We all know that end users experience the internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices - not doing so will be a path to eventual ...
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...