SHAHEEN ANNOUNCES $135 MILLION LOAN GUARANTEE TO SUPPORT NEW HAMPSHIRE’S LARGEST WIND FARM

Wind generation project estimated to create 200 jobs

June 21, 2011

(Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH) announced today that Granite Reliable Power, LLC, has received a conditional loan guarantee from the U.S. Department of Energy for up to $135.76 million to develop a wind generation project in Coos County, New Hampshire. The windpark will be the largest generator of wind energy in the state and is expected to bring over 200 jobs to the northern region of New Hampshire. 

“The development of new, alternative energy sources is an important cornerstone of a comprehensive energy strategy that transitions our economy away from imported fossil fuels to clean, homegrown energy and makes us more competitive in the global economy,” said Shaheen, a member of the Senate Committee on Energy and Natural Resources. “This project will support clean energy development and create jobs in the most economically distressed part of the state.”

The Granite Reliable Power wind generation project will feature 33 turbine generators, making it the largest wind energy source in New Hampshire. The project is estimated to generate enough electricity to power 20,000 homes in New Hampshire and Vermont, and prevent over 128,000 metric tons in carbon pollution annually.

In a letter to Department of Energy Secretary Steven Chu, Shaheen expressed her strong support for the project’s loan application and highlighted the need for the United States to embrace clean, alternative energy in order to create jobs, break our dependence on foreign fuels, and reduce carbon pollution.

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