First Wind and Burlington Electric sign 10-year PPA for Maine’s Hancock Wind Project

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First Wind has reached an agreement with Burlington Electric Department (BED) to sell the utility power generated from the planned Hancock Wind project near Ellsworth, Maine. First Wind will sell 25 percent of the power and renewable energy certificates (RECs) generated at the 51 megawatt (MW) wind farm for the next 10 years under a fixed-price agreement to the Vermont utility.