Hancock Wind LLC, which is building a 51-MW wind farm in Maine, on June 24 filed with the Federal Energy Regulatory Commission a notice of self-certification as an exempt wholesale generator.
Hancock Wind is constructing and will own and operate a 51-MW wind facility located in Hancock County, Maine. It is anticipated that the facility will achieve commercial operation during the fourth quarter of 2016.
The electricity produced by the facility will be sold exclusively at wholesale to third parties. The project consists of 17 Vestas V117 model turbines of 3 MW capacity each and other limited and discrete equipment necessary to interconnect it to the transmission system owned by Emera Maine and operated by ISO New England.
A project contact is: Steve Doyon, Novatus Management LLC, 1095 Avenue of the Americas, 25th Floor, Suite A, New York, NY 10036, Tel: (646) 829-3943, email@example.com.
Hancock Wind on June 24 also applied with FERC for market-based rate authority. It said the entire output of the facility is fully committed under two long-term power purchase agreements (PPAs) for firm sales of energy and capacity.
- There is a PPA with Massachusetts Municipal Wholesale Electric Co. (MMWEC) for 37.5 MW for a 25-year term; and
- There is a PPA with the City of Burlington, Vermont (acting through Burlington Electric Department) for 13.5 MW for a 10-year term.
Hancock Wind is a wholly-owned direct subsidiary of Hancock Wind Holdings LLC, which in turn is a wholly-owned direct subsidiary of Hancock Wind Portfolio LLC. Hancock Wind Portfolio is a wholly-owned direct subsidiary of Hancock Renewables LLC, which in turn is a wholly-owned direct subsidiary of Terra Nova Renewable Partners LLC. Terra Nova Renewable Partners is owned 99% by Novatus Energy LLC, which in turn is a wholly-owned direct subsidiary of Novatus Energy Holdings LLC. Novatus Energy Holdings is wholly and directly owned by IIF US Holding 2 LP, an infrastructure investment fund managed and controlled by its general partner, IIF US Holding 2 GP LLC, which is owned by three private individuals.
IIF US Holding 2 is affiliated with a number of entities that own or control renewable generation facilities located throughout the United States. IIF US Holding 2 is affiliated with one other company in the relevant market, the ISO-NE balancing authority area (BAA), with an in-development project. Blue Sky West LLC, an EWG, is constructing and will own and operate a 184.8-MW wind facility located in Somerset and Piscataquis counties, Maine (called the Bingham Facility). The commission has authorized Blue Sky West to sell energy, capacity, and ancillary services at market-based rates. The entire output of the Bingham Facility is fully committed under four 15-year term PPAs for firm sales of energy. The expiration date of the PPAs is unknown at this time, since the Bingham Facility is still under construction. FERC will be notified of such date within 30 days of becoming known.