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First Wind marks five-year anniversary of its Stetson Wind Project

Monday, Jan 27, 2014

First Wind, an independent U.S.-based renewable energy company, today celebrated the fifth anniversary of successful commercial operations of its 57 megawatt (MW) Stetson I Wind project. Since it began commercial operations on January 23, 2009, the first phase of the Stetson Wind project has produced enough energy to power an average of 21,400 Maine homes annually over the last five years.

“As our largest operating wind project in Maine and New England, the Stetson Wind project has been very successful and an important part of our generation fleet. Since Stetson I went online in 2009, we have successfully expanded it and built three more projects in the state with several other projects in development,” said Paul Gaynor, CEO of First Wind. “We are proud of our track record in Maine and consider the communities where we operate as key partners. Over the last five years, the Stetson Wind project has generated a significant amount of clean energy that has benefited ratepayers throughout New England while reducing the region’s dependence on fossil fuels and furthering local economic development.”

After a successful expansion in 2010, the Stetson Wind project today has a combined generating capacity of 83 MW and remains one of the largest operational utility-scale wind farms in New England. Located in Maine’s Washington County, the two phases of the Stetson Wind project provide significant local revenue, including a total of $4 million in tax payments that will continue to be made to the surrounding communities for the next 20 years.

Source: Business Wire

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