Deerfield Wind begins operation

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Deerfield Wind begins operation

Fri, 12/29/2017 - 5:54pm -- Anonymous

Vermont Business Magazine Avangrid Renewables, a subsidiary of AVANGRID, Inc (NYSE: AGR), began commercial operation at its newest wind farm, and first in Vermont, the Deerfield Wind Farm, in the towns of Readsboro and Searsburg December 29. The new wind farm construction, which created nearly 200 jobs at its peak and millions of dollars of local spending, is the first wind farm on US Forest Service land in the country.

“This project in concept has been at the forefront of our program of work for many years,” said John Sinclair, Forest Supervisor for the Green Mountain and Finger Lakes National Forests. “Today we are proud to recognize the dedicated USFS employees, local leaders, partners and government agencies that have contributed countless hours of work toward making the development of our nation’s first commercial-scale wind energy facility on National Forest System lands a reality here in Vermont.”

The two towns combined will receive direct annual payments expected to total $6.8 million over the life of the project, and the wind farm will generate an estimated $6 million in tax payments to the state to support education funding.

"This project took a long time, but will deliver big benefits for everyone in Searsburg," said Searsburg board member and town energy coordinator Mike Johnson. "It's a giant boost for clean energy, and we believe the winds of time will prove their worth."

“We are thankful for a job well done,” said Helyn Strom-Henriksen, the select board chair from the Town of Readsboro. “We are looking forward to the positive impacts this project will have on the area.”

The 30-megawatt wind farm includes 15 Siemens Gamesa wind turbines which produce enough renewable energy to power roughly 14,000 average Vermont homes annually. Avangrid Renewables will own and operate the wind farm, and sell the energy to Green Mountain Power under a 25-year power purchase agreement.

“We are able to celebrate this milestone because of the hard work of our many partners, especially at the local level,” said Dave Carroll, vice president of projects for Avangrid Renewables. “Working with the U.S. Forest Service and the local communities means we’re able to create clean energy and local economic benefits in rural Vermont.”

The Deerfield Wind Farm construction has spent roughly $7.5 million locally to date. More than 25 New England-based companies worked on the wind farm, including 11 from Vermont, supplying a range of services from labor and materials to engineering and electrical work.

 

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a diversified energy and utility company with more than $32 billion in assets and operations in 27 states. The company owns regulated utilities and electricity generation assets through two primary lines of business, Avangrid Networks and Avangrid Renewables. Avangrid Networks is comprised of eight electric and natural gas utilities, serving approximately 3.2 million customers in New York and New England. Avangrid Renewables operates more than 6 gigawatts of owned and controlled renewable generation capacity, primarily through wind and solar, in 22 states across the United States. AVANGRID employs approximately 6,800 people. For more information, visit www.avangrid.com.

About Avangrid Renewables: Avangrid Renewables, LLC is a subsidiary of AVANGRID, Inc. (NYSE: AGR) and part of the IBERDROLA Group. IBERDROLA, S.A., is an energy pioneer with the largest renewable asset base of any company in the world. Avangrid Renewables, LLC is headquartered in Portland, Ore., and recently changed its legal name from Iberdrola Renewables, LLC. For more information, visit www.avangridren.com.

Source: PORTLAND, OREGON — December 29, 2017 — Avangrid Renewables