Monadnock Ledger-Transcript - Board wants Antrim Wind to pay

Monadnock Ledger-Transcript - Board wants Antrim Wind to pay $100K


Monadnock Ledger-Transcript
Published: 3/8/2017 8:06:46 PM
Antrim select board members agreed to ask Antrim Wind Energy for a one-time payment of $100,000 to recover any legal and administrative costs it has spent since the inception of a nine turbine wind project slated to be built on Tuttle Hill and Willard Mountain during a meeting on Monday night.
The conversation about recapturing its costs surfaced during a select board meeting late last month after Antrim Wind – whose parent company is Walden Green Energy LLC – proposed amending its PILOT, or payment in lieu of taxes, agreement.
As the document reads now, Antrim Wind has to be commercially operational by Dec. 31, 2018, although the company asked the town to possibly extend the target date by one year to Dec. 31, 2019. If the company were to need the extension, it would pay the town an additional $50,000 on top of two separate payments of $50,000 for when it starts construction on the project and when the facility goes online.

Related Keywords

Mike Genest , Tuttle Hill , Bob Edwards , Walden Green Energy , Antrim Wind Energy , Willard Mountain , Antrim Wind , Wind Energy , மைக் கேனேஸ்த , டட்டில் மலை , பாப் எட்வர்ட்ஸ் , வால்டன் பச்சை ஆற்றல் , அன்றில் காற்று ஆற்றல் , வில்லார்ட் மலை , அன்றில் காற்று , காற்று ஆற்றல் ,

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