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August 17, 2016

SunEdison hopes to sell Moosehead-area wind project

SunEdison is seeking approval to sell some of its portfolio of wind projects, including a project near Moosehead Lake.

The now-bankrupt renewable energy company SunEdison is seeking approval to sell a number of its wind projects, including the proposed Misery Ridge project near Moosehead Lake.

The Bangor Daily News reported that SunEdison has asked a bankruptcy judge to approve the sale of the 26-turbine project as part of its Chapter 11 reorganization. The renewable energy company is specifically looking for the court to allow Houston-based NRG’s renewable energy division as the initial bidder on the project.

For its part, NRG has already agreed to a starting bid of $144 million for approximately 2.1 gigawatts of the SunEdison project’s capacity, the BDN reported.

Read more

Need for clean energy spurs wind farm development — and opposition

SunEdison files for Chapter 11 bankruptcy

SunEdison could sell Maine's largest wind farm proposal for $26.5M

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