Bloomberg News

First Wind Gets Massachusetts Contracts for 333 Megawatts (1)

September 23, 2013

First Wind Holdings Inc., a Boston-based wind-farm developer, agreed to sell 333 megawatts of capacity from two Maine projects to Massachusetts utilities.

The company sold power from its 147-megawatt Oakfield Wind project in Aroostook County and the 186-megawatt Bingham Wind plant in Somerset County through a competitive bidding process overseen by the Massachusetts Department of Energy Resources, First Wind said today in a statement.

The utilities that will purchase the power are Northeast Utilities (NU:US)’ Nstar and Western Massachusetts Electric units, National Grid Plc (NG/) and Unitil Corp. (UTL:US), John Lamontagne, First Wind’s director of communications said in an e-mail. Terms weren’t disclosed.

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW

Companies Mentioned

  • NU
    (Northeast Utilities)
    • $44.57 USD
    • -0.81
    • -1.82%
  • UTL
    (Unitil Corp)
    • $31.28 USD
    • -0.52
    • -1.66%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus