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Maine Aqua Ventus Contract Approved

November 5, 2019

Hallowell, Maine - November 5, 2019 The Maine Public Utilities Commission (Commission) voted unanimously today to approve the Maine Aqua Ventus Contract. Maine Aqua Ventus (MAV) is a deep-water offshore wind energy project being developed by the University of Maine and its partners. MAV includes up to two floating wind turbines to be located in the Gulf of Maine.

"The Commission is pleased to approve this contract which provides MAV the opportunity to demonstrate the commercial viability of this technology while also providing Maine with a new clean renewable energy resource" said Chairman Philip L. Bartlett. MAV also has the potential of providing significant benefits to Maine's economy.

Background: In 2019, the Legislature enacted into law Resolves 2019, Chapter 87, To Require the Approval by the Public Utilities Commission of a Proposal for a Long-term Contract for Deep-water Offshore Wind Energy.

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About the Commission The Maine Public Utilities Commission regulates electric, telephone, water and gas utilities to ensure that Maine citizens have access to safe and reliable utility service at rates that are just and reasonable for all ratepayers. Commission programs include Maine Enhanced 911 Service and Dig Safe. Philip L. Bartlett serves as Chairman, Bruce Williamson and Randall Davis serve as Commissioners.

Learn more about the Commission at www.maine.gov/mpuc

Press Contact Name: Harry Lanphear, Administrative Director Phone: (207) 287-3831 Email: Harry.Lanphear@Maine.gov