Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: November 3, 2010

Project Name: Kibby Wind Project
Year in Operation: 2010
Sector: Energy
Subsector: Energy Generation, Energy Transmission (Oil, Gas, Power)
Status: In Operation
Type: New Facility
Description: The Kibby Wind Power Project will be the largest wind power development in New England and will provide enough clean, renewable electricity to power 50,000 homes. It is capable of producing 132 megawatts of electricity. The project itself involved the construction of 44 wind turbines, power collection lines and access roads, and an electric transmission line to connect power generated by the turbines to the existing transmission grid
Delivery Method as described in the country where it's located: EPC
Is the project still active: Yes
Comments: TransCanada wholly owns and operates the Kibby Wind Power Project. They have contracted with Vestas, the manufacturer of the wind turbine generators, to maintain them for the first five years of operation.

Project Locations

Address:
City: Kibby Mountain Range
State: Maine
Country: United States of America

Address:
City: Franklin County
State: Maine
Country: United States of America

Address: 3647 The Arnold Trail, Chain of Ponds, ME 04936
City: Franklin County
State: Maine
Country: United States of America

Address: 3647 The Arnold Trail
City: Chain of Ponds
State: Maine
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: TransCanada, the funding provider for the project, has a long-term lease agreement with the Plumb Creek land developer of the Northern Maine area for a period of 20 years to build, operate, and maintain the project. It also has multiple transmission line lease agreements with a number of other developers, for sections of land the transmission line crosses in order to transmit the generated energy from the turbines to the substation. Finally, TransCanada also has a 5 year lease agreement with an entity to operate and maintain the facility beginning in the Fall of 2010.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): TransCanda has agreed to pay annual fees to Vestas, the contractor providing operations and maintenance for 5 years as well as the initial commissioning of the project. The annual fees will be paid with cash on hand.
Checkbox Checked Environmental Clearance: The project has undergone a rigorous review to ensure the project provides a clean, renewable energy source with minimal impacts to the surrounding community and environment. The key regulatory process for the project was a review conducted by the Maine Land Use Regulation Commission. State agencies such as the Maine Department of Inland Fisheries and Wildlife and the Maine Department of Environmental Protection, Maine Historic Preservation Commission, State Soil Scientist were involved in this review process. Federal agencies such as the U.S. Army Corps of Engineers, the U.S. Fish and Wildlife Service and the Federal Aviation Administration, in addition to local agencies, have also been involved in reviewing the project.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: TransCanada funded all five project packages with cash on hand. The first package includes an EPC agreement for the Infrastructure portion of the project including access roads, foundations, and power lines. The second package includes a separate EPC agreement for the upgrades necessary to the existing substation boosting the generated power from 34.5kV to 115kV. The third package was procured using a traditional delivery method for the design and construction of the transmission line. The fourth package was another EPC agreement for upgrades to the existing power grid. Finally, the fifth package was an O&M agreement between Vestas and TransCanada to operate and maintain the facility for a five year term.

Arrow Right
Checkbox Checked

Direct Cash Support: Cash on Hand

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? Yes
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
20
0
Forms
Description
Other
Custom TransCanada EPC contracts 

Project Value (If and As Known)

Date of Estimated Project Value: November 3, 2010
Project Value
Hard Cost
Hard & Soft Costs
Total
$200-500 Million US
(none)

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