Green Mountain Power issued the following statement today regarding the settlement reached between GMP and Donald and Shirley Nelson of Lowell, Vermont:

“We are pleased to announce that GMP has reached agreement with Don & Shirley Nelson to settle all pending claims. As part of the mutual agreement, GMP will purchase the Nelsons’ 540-acre farm in Lowell for $1.3 million. Under the agreement, the Nelsons will remain in the home for up two years and will retain 35 acres of property in Albany.

“The agreement meets the needs of the Nelsons as well as those of our customers. Kingdom Community Wind is an important part of our growing investment in renewable energy in Vermont. It is an ongoing priority for us to deliver clean, cost-effective, renewable energy to customers including wind, solar, and hydro-electricity.  Vermonters place a high value on the competitively-priced, low carbon energy developed at the site. Kingdom Community Wind is a critical part of that effort to ensure a clean-energy future in Vermont, and since 2012, the project has generated enough electricity to power more than 24,000 homes.

“We believe that this settlement represents an opportunity for both to move forward and we are pleased to have reached agreement.”