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First Wind Sells 333 Megawatts to Massachusetts Utilities

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Sept. 23 (Bloomberg) -- First Wind Holdings Inc., a Boston-based wind-farm developer, agreed to sell 333 megawatts of capacity from two Maine projects to Massachusetts utilities.

The company sold power from its 147-megawatt Oakfield Wind project in Aroostook County and the 186-megawatt Bingham Wind plant in Somerset County through a competitive bidding process overseen by the Massachusetts Department of Energy Resources, First Wind said today in a statement.

The utilities that will purchase the power are Northeast Utilities’ Nstar and Western Massachusetts Electric units, National Grid Plc and Unitil Corp., John Lamontagne, First Wind’s director of communications said in an e-mail. Terms weren’t disclosed.

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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