PTC uncertainty delays N.Y. wind project

03/22/2012 | Daily News (Batavia, N.Y.), The

Invenergy has delayed construction on the Stony Creek Wind Farm project in Wyoming County, N.Y., while it waits for Congress to decide the fate of the renewable-energy Production Tax Credit. If Invenergy continues to delay construction, officials of Orangeville, N.Y., said that they may have to increase property taxes, which were slashed by 50% last year when Invenergy made its first payment on the project.

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Daily News (Batavia, N.Y.), The

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