Acciona Energy, the developers of the proposed St. Lawrence Wind Farm in Cape Vincent, have released a report outlining the projects vast economic opportunities. The report comes after a Cape Vincent Wind Economic Impact Committee report claiming the project would negatively effect the local school district, tourism and property values. The 76.5 MW project is expected to pay $20 million in lease payments to landowners and $20 million in tax revenues. The project is expected to create 150 temporary jobs in its construction as well as 10 long-term positions.
Acciona Energy's report analyzes the economic benefits of other wind farms within the state and shows a drastic increase in property values as well as an increase household income. In addition to local sourcing of materials, Acciona Energy has promised to invest $143,000 to improve historic sites in Cape Vincent and Lyme, New York.
To learn more about the expected economic benefits of the project visit http://www.watertowndailytimes.com/article/20110706/NEWS03/307069973/-1/news.