Green Innovations

Developing renewable and clean technology companies in New York

Saturday, July 9, 2011

Acciona Energy boasts high economic opportunities for the St. Lawrence Wind Farm

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