Peter Mastic’s New Office!

October 14th, 2012


It’s been a busy couple of weeks in wind in Goodhue County.

It’s all about whether there is indeed anything more than vaporware to the Goodhue Wind Project.  And there’s also that pesky little Community Based Energy Development statute, and whether this project is a C-BED project.

T. Boone Pickens has waved goodbye to the Goodhue Wind Project.


Pickens exits Minnesota project for undisc fee

And in the STrib, some interesting details:

T. Boone Pickens departs state wind project

Texas billionaire T. Boone Pickens has sold his stake in a controversial wind farm proposed in Goodhue County, Minn., but its new owner says the project is going ahead.

Dallas-based American Wind Alliance, founded by Pickens in 2009, said Friday that it has sold 100 percent of the company behind the Minnesota project, whose name has been changed to New Era Wind Farm LLC. The financial terms were not disclosed.

The proposed 50-turbine wind farm, once estimated to cost $180 million, would be located west of the city of Goodhue, about 60 miles southeast of the Twin Cities. Citizens have fought the project because of concerns about potential noise and unpleasant shadows from spinning blades and about threats to protected eagles and bats that might hit the blades.

Peter Mastic, who formerly headed a Minneapolis wind development firm that worked on the project, said in an interview Friday that he is the sole employee and owner of New Era Wind Farm.

Mastic said he intends to pursue the project with the help of a local advisory board and, eventually, local investors. The advisory board of local farmers decided on the new company name, he added.

“They wanted something that signified a re-engagement with the community and a new beginning,” said Mastic, who indicated that the board members’ names will be disclosed later.

Although the project has a site permit from the state Public Utilities Commission, its avian and bat protection plan is pending. Mastic said the company will submit a revised plan and will seek a federal permit for the “incidental take” or killing of protected species.

Pickens’ company, Mesa Power, said it believes the Goodhue project will be built. “For strategic reasons, Mesa Power is redeploying its wind development efforts,” the company said in a statement.

Mastic said he will go ahead with the project even if the federal production tax credit for wind farms is allowed to expire on Dec. 31. The fate of many wind energy projects hinges on whether the subsidy is extended by Congress, which won’t consider the matter before the elections.

Xcel Energy, based in Minneapolis, would buy electricity from the wind farm as part of a commitment under a state law to purchase energy from community-based producers.

Until July, Mastic was the CEO of Minneapolis-based National Wind, which launched the Goodhue project, but ended its role as developer in August. National Wind recently was acquired by Trishe Wind Energy Inc., a wind development group based in India.

Pickens, a Texas oil and gas entrepreneur, was recently listed by Forbes magazine as the 360th richest American, with a net worth of $1.2 billion.

But before the Pickens announcement, we got word that December of 2011, LAST YEAR, National Wind was sold to Trishe Wind, a company in India.  Then we learn that Trishe Wind doesn’t want to take on the Goodhue Wind project!  Check the “Portfolio of Projects” on their site.  Posted September 26, 2012, reporting a December 2011 sale:

National Wind Acquired by Trishe Wind Energy

Peter Mastic is no longer employed by National Wind, so they say.  But wait, he just filed a “Compliance Report.”
Apparently, if you call the number on the letter, they don’t know who Peter Mastic is.   Try it: (214) 265-­‐4165
Anyway, it was noted that the “letterhead” was weird, and that Trishe Wind didn’t want the Goodhue Project, so these factoids were brought to the PUC’s attention, and Burl Haar sent this letter:

Which was followed up by an Information Request from Tricia DeBleekere:

PUC’s Information Request, October 11, 2012


SNORT!  Let’s see them answer that!

And Mastic sent in another Compliance Filing that must have crossed in the mail with the PUC’s IR like two ships passing in the night:

New Era Wind Farm Compliance Filing, October 12, 2012


The Secretary of State reports that a New Era Wind Farm LLC was born on December 14, 2009, and was amended October 8th and 10th, 2012.

newerabusiness-filing-details_page_1Now we find out…

CT Corporation System, at 100 So. 5th Str #1075, Mpls, is one of those mail-order incorporators that provide a “Registered Office Address” for service in Minnesota.  Note the mailing address!

Thus, Peter Mastic’s new office:

It is probably bigger than the one in Incline Village, Nevada.  774 Mays Blvd., Suite 10, PMB 187, is one of those post office box addresses, and #187 is about 4″ x 4″ x 8″ or so we heard.  Here it is:


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