DOE Grants Loan Guarantee to Record Hill Wind

16 August 2011 (Last Updated August 16th, 2011 18:30)

Record Hill Wind has secured a conditional loan guarantee of $102m from the US department of energy for the construction of a 50.6MW wind farm in Maine, US. The project is being developed by Independence Wind and funded by Gardiner and Gov King and Wagner Wind Energy 1. The wi

Record Hill Wind has secured a conditional loan guarantee of $102m from the US department of energy for the construction of a 50.6MW wind farm in Maine, US.

The project is being developed by Independence Wind and funded by Gardiner and Gov King and Wagner Wind Energy 1.

The wind farm will be equipped with 22 turbines and an eight-mile transmission line.

The project also involves the construction of an interconnection equipment, which would allow developers to connect the project to Central Maine Power's grid.

The Yale University Endowment is also investing in the project.