Library filed under General from Maine

State reviews county’s books

“There was a fund deficiency in the TIF fund,” Jellison said. “It indicated there were expenditures before there was revenue coming in.” The revenue in question was coming from Blue Sky East, LLC, a wholly owned subsidiary of Boston-based wind energy developer First Wind.
9 Jul 2014

Maine poll exposes softness in wind energy support

“For years wind developers have peddled the general benefits of wind energy, and they have a lot of financial resources behind them that we’ll never match. People certainly want to believe it’s all good. But impacts to Maine exceed the benefits ...Mainers expect tangible benefits for the enormous investment the government is forcing taxpayers and ratepayers to make in wind energy.”
20 May 2014

Maine board sets stage for rejection of $100 million wind project

The Maine Board of Environmental Protection took a preliminary vote Thursday toward rejecting a proposed $100 million wind farm in the Downeast Lakes region. First Wind turbines spin on Stetson Mountain. The Maine Board of Environmental Protection took a preliminary step Thursday toward rejecting a wind farm in Penobscot County.
1 May 2014

Maine DEP asks First Wind to re-prove its financial capacity

The state wants to make sure the developer, which lost a key funding source in a court ruling, can afford to finish four projects in Maine worth $1 billion. ...applicants for wind-energy projects must show that they have enough money for construction and maintenance, and for restoring sites after wind farms go off line.
9 Apr 2014

With partnership in limbo, First Wind seeks to borrow $75 million

In a prepared statement, the Standard & Poor’s rating agency said the court ruling could trigger a sale of the company’s assets, or prompt Emera to divest its interest in the company. For rating purposes, it was putting the venture on its CreditWatch and said it could consolidate the joint company into First Wind. “Because we currently rate First Wind lower than Northeast Wind, it’s possible we would downgrade the company,” Standard & Poor’s said in a statement last month.
2 Apr 2014

Wind power proponents hold summit in Maine

"So windpower invades Maine, forces us to buy a billion dollars worth of something that we don't need," he says, "and that does us no good, ruining hundreds of square miles of classic Maine mountains, and ruining our economy, and this is something to celebrate?" Critics like O'Neil also accuse the wind industry of relying too much on federal subsidies.
27 Mar 2014

https://www.windaction.org/posts?location=Maine&p=7&topic=General
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