in News Departments > FYI
print the content item

The Berkshire Wind Power Cooperative Corp., a municipal cooperative of 14 Massachusetts municipal utilities and the Massachusetts Municipal Wholesale Electric Co. (MMWEC), has acquired the assets associated with a proposed 15 MW wind power project on Brodie Mountain in Massachusetts.

Assets acquired by the cooperative include the easements, permits, agreements, engineering documents, developed property and other items that enable the cooperative to build and operate the proposed Berkshire Wind Project in Hancock and Lanesborough, Mass. An access road and some excavation work have been completed at the project site, the company says.

"This transaction represents a major commitment on the part of municipal utilities to develop a clean and renewable energy resource that has multiple benefits for the utilities and the Commonwealth as a whole," says H. Bradford White, president of the co-op and manager of the West Boylston Municipal Light Department. "With these assets in hand, the co-op will proceed as expeditiously as possible with the work required to bring the project into operation."

The co-op says it paid $4 million for the project assets, formerly owned by Berkshire Wind Power LLC, which initiated project development approximately 10 years ago. The balance of loan proceeds will be used for a deposit on wind turbines and to finance other development activities.

SOURCE: Berkshire Wind Power Cooperative Corp.



Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Tower Conference_id1965