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 LOL, Black Oak Wind Farm cancelled

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RR Phantom

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Location : Wabbit Hole
Job/hobbies : Cayman Islands Actuary

PostSubject: LOL, Black Oak Wind Farm cancelled   Sun Dec 31, 2017 4:41 pm

To wax poetic for a moment, one could say a black oak has withered and fallen. The organization planning the Black Oak Wind Farm in Enfield has declared bankruptcy, and the renewable energy project has been cancelled.



According to project representative Marguerite Wells, the culprit is the town of Enfield's moratorium on wind turbines, a proverbial final nail in the coffin for the beleaguered project. "The project could not survive the moratorium, since the town board had already had a de facto moratorium for the previous nine months as well. With nearly two years of no action on the permit documents before them, our contracts expired and potential investors lost interest.

There is no possibility of us reviving it after the moratorium; our leases and contracts are terminated. There is very low likelihood of anyone else wanting to propose a wind project there in the foreseeable future, due to small project site and oppositional town board and neighbors. Small projects are always financially more difficult to make work, since they have no advantages of scale and many disadvantages."

https://ithacavoice.com/2017/12/black-oak-wind-farm-cancelled/


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