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SunEdison Inc. plans to sell two Maine wind power plants for $209 million to a partnership of the solar company and investors advised by J.P. Morgan Asset Management.
The Wall Street Journal reported that the Missouri-based solar power developer is selling the 185-megawatt Bingham wind farm and 148-megawatt Oakfield wind farm to Terra Nova Renewable Partners, the strategic equity partnership it formed, to free up cash to improve its stock.
SunEdison could buy back the plants within five years under the terms of the deal, according to the paper.
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Commercial landowners challenging wind power exemptions
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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