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10/31/2019

Iberdrola Renewables Seeks to Build New Wind Farm in New Hampshire

Iberdrola Renewables Seeks to Build New Wind Farm in New Hampshire

Submits state application for 23 towers after four years of research and local outreach

Click Here  for a PDF version of this press release.

December 16, 2013

PORTLAND, Ore. — Iberdrola Renewables formally submitted an application to the New Hampshire Site Evaluation Committee (SEC) to build a new wind farm in Danbury and Alexandria. After considerable input from the local communities and consultation with state agencies, the project’s proposed configuration has undergone significant changes. If approved, the Wild Meadows Wind Farm would become the company’s third wind power project in the state, following wind farms in Lempster and Groton that went on-line in 2008 and 2012 respectively.

The proposed project would feature 23 modern wind turbines, 15 in Danbury and eight in Alexandria, and is projected to produce enough clean energy to power approximately 30,000 average homes each year and 90,000 homes at peak production.

Iberdrola Renewables has been studying and evaluating the project since 2009, conducting a wide variety of wildlife, environmental, and technical studies, in consultation with New Hampshire state agencies and local experts. The proposed 75.9 megawatt (MW) wind farm would bring a new source of clean emission-free energy to the region, in addition to many economic benefits.

“Tax benefits for residents and increased yield-per-acre for loggers will be a huge help to those of us who have farmed or logged our land for generations,” said Fred Platts, a farmer and resident of Alexandria. “This is about protecting the small towns of the Lakes Region and preserving our rural way of life.”

Estimated economic impacts include first year payments of $695,000 to the Town of Danbury, $370,000 to the Town of Alexandria, up to $565,000 for New Hampshire’s general revenue fund and $280,000 to the local landowners. Ongoing annual payments to the towns would start at approximately $545,000 to Danbury and $325,000 to Alexandria, with 2.5% annual increases.

Besides these significant additions to the local tax base, the Project will provide substantial economic benefits to New Hampshire during the construction and operations phases.

The economic impacts would carry on through construction and the operation of the project. According to a study by the University of New Hampshire, the construction phase would create the full time equivalent of 404 jobs (direct and secondary jobs), resulting in $21.77 million in earnings and $42.35 million in increased economic activity. During the operations phase, the project would create 13 full time equivalent jobs (direct and secondary), $770,000 in annual income and $2.31 million of increased economic activity each and every year for the life of the project.

“Some of New Hampshire’s wildlife, like moose, are in serious decline thanks to our shorter winters as the climate warms,” said retired New Hampshire wildlife biologist Eric Orff. “To conserve our rich biological heritage in New Hampshire, we must transition to well-sited clean energy sources like wind, and quickly.”

The comprehensive SEC review process is expected to last approximately one year.

Iberdrola Renewables, LLC is the U.S. renewable energy division of parent company IBERDROLA, S.A., an energy pioneer with the largest renewable asset base of any company in the world. Iberdrola Renewables, LLC is headquartered in Portland, Ore., and has more than $10 billion of operating assets totaling more than 5,800 MW of wind and solar generation. www.iberdrolarenewables.us

Media Contacts:

Art Sasse, 503-796-7740, 503-475-0330

Paul Copleman, 207-641-2805, 215-416-9656

Ed Cherian, 603-440-3127

 

About Avangrid

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

 

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.

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