The community benefit fund associated with the Pinnacle Wind Farm at NewPage was established to provide funding to community-oriented projects in the area surrounding the Pinnacle
Wind Farm at NewPage, which is located in Mineral County, West Virginia, just west of Keyser. This area includes Keyser, Elk Garden, and New Creek.
Pinnacle Wind Force, LLC has committed to fund this community benefit fund beginning when the project reaches commercial operation status. Since it is typical for projects of this
type to change ownership between the development phase and the subsequent construction and operations phases, this commitment is transferable to and binding upon any future owners
of Pinnacle Wind Force, LLC.
Pinnacle Wind Force, LLC has agreed to the following contributions to the Community Benefit Fund:
- $50,000 payable when the project begins commercial operation (year 1)
- $10,000 (additional) earmarked for historic preservation, also funded at commercial operation. (year 1) Pinnacle Wind Force, LLC has entered into a Memorandum of
Understanding with the West Virginia State Historic Preservation Office (SHPO). This voluntary agreement to fund $10,000, earmarked for historic preservation projects
selected by the Allocation Committee, will be payable upon commencement of commercial operation. It is designed as an offset to any perceived indirect visual
impact the Pinnacle project might have on historic properties within the viewshed.
- $20,000 per year for the life of the project (beginning with year 2)
An important component of the Community Benefit Fund concept is local control. All grant/funding decisions will be made by a volunteer based Allocation Committee, which
is made up of local citizens and community leaders. Its job will be to review grant applications and pick projects to recommend for funding. We believe that this local control
will assure that the Community Benefit Fund dollars are spent in the most appropriate way.
The Pinnacle Community Benefit Fund Allocation Committee is made up of the following members:
As part of its commitment to operate each community benefit fund in a transparent fashion, the foundation will publish an annual report to the community detailing inflows, balances, and disbursements of all funds.
Applications for Community Benefit Fund grants are now being accepted. If interested in applying, the form can be found here