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Potsdam hydro plant. Photo: Village of Potsdam.
Potsdam hydro plant. Photo: Village of Potsdam.

Potsdam gets $6.8 million judgment for hydro-plant losses

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The state Supreme Court has ruled that the village of Potsdam is owed $6.8 million by a Canadian hydro-turbine manufacturer. Canadian Turbines of Ontario signed a contract with Potsdam in 2007 to deliver parts for the village's new hydro-power project on the Raquette River. The parts were supposed to be delivered by mid-2008.

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Julie Grant
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Village administrator David Fenton says some of the equipment was delivered late, and some still hasn’t made it to Potsdam. He’s pleased that the court agreed with the village, that it is owed compensation for damages. “I think it’s an excellent judgment.   This is a step by step process, and this is the step toward getting some monetary compensation for the problems we’ve had with this dam.”

But Fenton says just because the court has ruled in Potsdam’s favor, it doesn’t mean the village will actually get the money from Canadian Turbines: “We will have to go to a Canadian law firm and have them start investigating the potential for recovery, and we’ll see if there is any money there to be recovered.  And if there is, we’ll start working through the Canadian courts to secure that money. There’s still a lot of things left to be done.”

Fenton says other companies have since delivered the necessary parts for the project. He says when this project was first conceived ten years ago, no one imagined it would take so long to complete. Fenton says it’s getting close now, and could be generating power by December.

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