| The Milton Generating Station is a run-of-river
plant located on the Salmon River on the Maine-New Hampshire border,
approximately 70 km from Manchester, New Hampshire with an installed
capacity of 1,335kw. The facility is located at a site which was
historically utilized for electrical and mechanical energy production
for mill purposes. The facility was substantially rehabilitated
and expanded in 1986 and includes a 1,158 m riveted steel penstock
leading from the intake to the powerhouse.
The Milton facility sells all energy produced to the Public Service
Company of New Hampshire (‘‘PSNH’’) pursuant
to a power purchase agreement dated July 17, 1982. The agreement
terminates on July 1, 2012 and stipulates a fixed rate for the sale
of energy over its term.
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