Sherman Station, ME
Maine Public Service (MPS) was willing to purchase only peak power from the contemplated 10 MW power plant. Palmer assisted Sherman Lumber in its appeal to the Maine Public Utility Commission and its subsequent negotiations with MPS for a long-term base load contract.
The result was a base load 20 MW project which was financed via a partnership with Wheelabrator which Palmer negotiated on behalf of Sherman Lumber.
Location: Sherman Station, ME
Type: Wood-fired Power Plant
Palmer’s Role: Financing Finder