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Wind Farm Officials Differ On Need for Subsidies
RALEIGH — Despite earlier claims by Iberdrola Renewables officials that the $400 million, 300-megawatt Amazon Wind Farm that will cover 22,000 acres near Elizabeth City would be built totally from company funds, another Iberdrola official says the project requires some tax incentives to be viable economically. “We’re not at a point yet where we don’t need subsidies,” Eric Thumma told a recent meeting of the North Carolina Energy Policy Council.
