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Fitch Rates $52.5MM Berkshire Wind Power Coop Corp, Project Revs, Series 2009 'A'; Outlook Stable.

Publication: Business Wire
Publication Date: 24-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch Ratings assigns an 'A' rating to $52.5 million Berkshire Wind Power Cooperative Corporation (the Coop), project revenue bonds, series 2009, with a Stable Outlook.

Proceeds of the bonds will be used to fund the project costs associated with the Coop's purchase of the Berkshire Wind Power Project. The project consists of 10 wind turbine generators, each with a capacity of 1.5 megawatts (MW), in addition to the acquisition of the land where the turbines will be installed, located on the ridgeline of Brodie Mountain in Hancock, MA. In total, the project is expected to have capacity of 15 MW, and it...

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