Previous in Forum: Who is responsible for developing environmental management system?   Next in Forum: Check This Video It's Easy to Know About Transformer Sizing
Close
Close
Close
11 comments
Participant

Join Date: Mar 2012
Posts: 4

Small Hydro Electric Sites For Sale - Coastal Maine

03/06/2012 12:36 PM

Goose River Hydro, located in Belfast ME. is selling all property and assets. Consists of 5 dams, 3 of which have hydro power generation capability. FERC licensed for another 10 years, very good relationship with regional office, all dams and powerhouses comply with safety inspection performed in 2011. In last 2 years Maine instituted a program that pays .10/kw, versus previous rates with central maine power for .035/kw, makes these sites more feasible for rehabilitation.

My father who recently died, started these sites in the late 70s & 80s. All 3 sites, if up and running have an average annual output of 1,400,000 kw. 1 site was operational until 2009, 2 others have been offline for 10+ years. Dams stretch from a 1,500 acre recreational lake (Swan Lake) to the ocean (penobscot bay).

My family is selling, as the hands-on-engineer is no longer with us. Current ask price is $130,000, which includes the dams, the land approx 9-10 acres (total), and all onsite buildings, machinery and equipment, a great deal for someone who has knowledge and can properly scale revitalization efforts, my family is simply liquidating. There is a very nice 1 room office with bathroom/utlities located at one of the sites (it's the old mill office from early 1900s leather board mill), great hub for business, or free living accomidations for a hearty sole(s), moving to area. Zoned commercial/residential.

Register to Reply
Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.
Participant

Join Date: Mar 2012
Posts: 4
#1

Re: Small Hydro Electric Sites For Sale - Coastal Maine

03/20/2012 10:44 AM

Contact Info for Goose River Hydro:

Cathy Gleeson

CR4 Admin - phone number/email address removed

From the CR4 Rules: Do not post phone numbers or email addresses. The CR4 Admin will delete all phone numbers and email addresses posted in threads or comments. You can share this information via the CR4 internal messaging system.

Register to Reply
Participant

Join Date: May 2012
Posts: 1
#3
In reply to #1

Re: Small Hydro Electric Sites For Sale - Coastal Maine

05/01/2012 2:12 PM

Cathy,

Could you please email me your contact information or email me further information about your hydro for sale?

Thanks.

Register to Reply
Participant

Join Date: May 2012
Posts: 2
#4
In reply to #1

Re: Small Hydro Electric Sites For Sale - Coastal Maine

05/02/2012 11:00 AM

Please contact me at your earliest convenience. Our firm is prepared to immediately purchase your interest in Goose River Hydro for cash. You may reach me at * any time.

Thank you

Gregory Loyd Mann

Swift Ridge Capital Partners

*CR4 Admin - email address removed

From the CR4 Rules: Do not post phone numbers or email addresses. The CR4 Admin will delete all phone numbers and email addresses posted in threads or comments. You can share this information via the CR4 internal messaging system.

Register to Reply Off Topic (Score 5)
Participant

Join Date: Jan 2014
Posts: 1
#10
In reply to #4

Re: Small Hydro Electric Sites For Sale - Coastal Maine

01/26/2014 1:44 PM

Hello we are offering our 2 run of the river projects with 14000 foot mill building

In Southern NH. 200 and 150 kw receiving approx. .10 a kw

Register to Reply Off Topic (Score 5)
Participant

Join Date: Mar 2012
Posts: 1
#2

Re: Small Hydro Electric Sites For Sale - Coastal Maine

03/25/2012 3:23 PM

Please send more info regarding your late fathers project. I own and operate a small hydro plant in Alaska with a FERC license and am interested in learning more about yours. Please include phone contact. Thanks Sully Sutherlin 305 898 3223

Register to Reply
Participant

Join Date: Mar 2012
Posts: 4
#5

Re: Small Hydro Electric Sites For Sale - Coastal Maine

05/02/2012 12:46 PM

Thank you for your interest, currently the sites are under contract. There is more then one hurdle during this time period for both buyer and seller, so until this deal actualy closes we are still conducting site visits to interested parties, but we can not offer a purchase and sale agreement to another buyer at this time. Of note the program, which is still active, that provides a renewable energy producer the ability to contract for $.10 a kilowatt is only available to Maine residents or a company that a Maine resident owns 51% of. (That makes a bit of a diffference when local utility is only paying the going regional rate, that is in the neighborhood of $.03)

Register to Reply
Participant

Join Date: May 2012
Posts: 2
#6
In reply to #5

Re: Small Hydro Electric Sites For Sale - Coastal Maine

05/02/2012 1:03 PM

I fully understand the situation. We have no interest in interfering with your current negotiations. If, however, things change we are prepared to move fairly quickly on a transaction. We do have a Maine entity. Please feel free to contact me directly at

CR4 Admin - email address removed

From the CR4 Rules: Do not post phone numbers or email addresses. The CR4 Admin will delete all phone numbers and email addresses posted in threads or comments. You can share this information via the CR4 internal messaging system.

thanks again

Greg

Register to Reply
Anonymous Poster #1
#7
In reply to #5

Re: Small Hydro Electric Sites For Sale - Coastal Maine

05/20/2012 11:22 AM

Ms. Gleeson,

we are interested in the dams if they should become available.

Thank You

M Justus

Register to Reply
Participant

Join Date: Jul 2012
Posts: 3
#8
In reply to #5

Re: Small Hydro Electric Sites For Sale - Coastal Maine

07/19/2012 1:50 AM

I'm interested if there is still an opening

Register to Reply
Participant

Join Date: Mar 2012
Posts: 4
#9

Re: Small Hydro Electric Sites For Sale - Coastal Maine

08/03/2013 9:02 PM

Facility sold. But new owners have web site 'goose river hydro' , and are exploring offering opportunity for high efficiency turbine testing.

Register to Reply
Participant

Join Date: Apr 2014
Posts: 1
#11

Re: Small Hydro Electric Sites For Sale - Coastal Maine

04/14/2014 4:13 PM

we are interested in the possible purchase of these units and land, the name of our company is EnerServ corp, we are a small service provider, repair, rebuild, and maintain turbines and generators, and are located in Mechanic falls, ME. we would like to meet and possibly view the sites. you may contact me at dlausier@EnerServ.com or phone at 207-576-7718.

Register to Reply
Register to Reply 11 comments
Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.
Copy to Clipboard

Users who posted comments:

Anonymous Poster (1); dlausier (1); greg0348 (2); JGleeson (3); jonsson (1); Minx (1); Run The River (1); thutchinson (1)

Previous in Forum: Who is responsible for developing environmental management system?   Next in Forum: Check This Video It's Easy to Know About Transformer Sizing

Advertisement