Wind farms once used for U research may close
Shortly after the research concluded, investors learned about a Federal Energy Regulatory Commission policy change from 2006 that they hadn’t been following. It required power purchase agreement farms that produce less than 20 megawatts of energy to fill out paperwork that certified them to do so. But when the farms began 13 years ago, this paperwork was optional. After eight years of unfiled paperwork, the farms were hit with the civil liability and subsequently had to file for bankruptcy.