The Maine Public Utilities Commission (PUC) has unanimously approved a long-term contract for the 72.6 MW Weaver Wind project in Hancock County.
The wind farm is being developed by Weaver Wind LLC, a subsidiary of Longroad Development Partners LLC. It is expected to be operational no later than December 2020.
Emera Maine will purchase power at $0.035/kWh, increasing 2.5% annually, over 20 years.
“This 20-year contract should create real ratepayer benefits for Maine,” states Philip Bartlett, PUC chairman.
This is the second renewable energy contract approved by the commission this year. In February, the PUC approved a deal with the 100 MW Three Rivers Solar project, with pricing terms similar to Weaver Wind’s. Both contracts resulted from the commission’s latest request for proposals soliciting bids for capacity resources, available energy and renewable energy credits.