A Publication of the Hartford Business Journal
by Brad Kane
Gov. Dannel P. Malloy’s decision to finance a $1 billion wind farm in Maine will help Connecticut attain its renewable energy goals and support a solar farm development in Lisbon, with minimal impact on ratepayers, according to an administration source.
When the Public Utilities Regulatory Authority on Oct. 23 approved Malloy’s plan to fund a 250 megawatt wind farm in Maine and a 20 megawatt solar farm in Lisbon, the regulators noted the Maine deal didn’t have a specific benefit to Connecticut.
When combined, however, the deals bring down the purchase price of the entire 270 megawatt wind and solar buy, according to a Malloy Administration official. Click for full article.