Briefing on Bingham Wind

Bingham Wind, an 186 MW onshore wind plant owned by Onward Energy, shows a concerning 22% decline in generation over the past six months despite stable recent monthly output.

Overview

• Bingham Wind is an 186 MW onshore wind plant located in Maine.

• It has been Operating since 2016.

• The parent company, operator, and owner is Onward Energy Holdings / Onward Energy.

Fleet Details

• The plant consists of 1 generator utilizing Onshore Wind Turbine technology.

• The annual generation is 499 GWh with a capacity factor of 30.7%.

• Recent monthly generation includes 39 GWh in October 2025, 55 GWh in November 2025, and 61 GWh in December 2025.

• Generation trend shows a down 22% over the past 6 months compared to the prior 6 months.

Financial Profile

• The Capital Expenditure (CapEx) for Bingham Wind is $1646/kW (Source: eia_agg_cost).

Grid Interconnection

• The plant is connected to ISO New England (ISO and BA) and NPCC (NERC).