Lumus Construction and seek $700,000 in damages
Posted in the Boston Forum
#1 Feb 24, 2013
Company says its financial struggles won't affect Scituate wind turbine
By Patrick Ronan
The Patriot Ledger
Posted Feb 21, 2013 @ 03:03 AM
Last update Feb 21, 2013 @ 03:10 AM
The construction company accused of breaking its pledge to build a wind turbine in Hanover has fallen on hard times financially, but it says that wont affect its business ties to Scituates wind turbine.
Last month, Hanover Town Manager Troy Clarkson said his town planned to end its contract with Lumus Construction and seek $700,000 in damages because the company still hasnt finished building the wind turbine off Route 53. Clarkson said the turbine was supposed to be spinning by February 2011, but repeated delays have stalled the project.
Lumus Construction is the parent company of Solaya Energy, the developer that partially owns Scituates wind turbine. The turbines operating company is named Scituate Wind, which is a joint venture between Solaya and Palmer Capital.
Sumul Shah, owner of Lumus and CEO of Solaya, said his company is struggling financially, but he blamed a parts manufacturer in India for the delays in Hanover. Shah said hell continue to work with Hanover to try to get the 210-foot-tall, 225-kilowatt turbine running.
He said the 390-foot-tall, 1.5-megawatt turbine located off Scituates Driftway wont be affected by the setbacks in Hanover.
No impact whatsoever, Shah said.
But Lumus problems in Hanover have drawn concerns from two Scituate residents. Tom Thompson and David Dardi, who are part of a group of residents who say Scituates turbine has hurt their health, recently sent a letter to Scituate selectmen asking them to consider how Lumus financial issues could affect the towns taxpayers.
Selectman Anthony Vegnani said his board will research what connection, if any, there exists between Hanovers turbine problems and Scituate.
We know we have a windmill thats up and working fine, Vegnani said.
Thompson and Dardi also took issue with Lumus no longer being based out of the Woburn address listed on the companys website, and also with an auction last month in which Lumus sold off inventory and office equipment.
Shah said Lumus is now based out of Wilmington, and the auction was a response to the companys financial struggles.
Were working through them, he said.
READ MORE about this issue.
Read more: Company says its financial struggles won't affect Scituate wind turbine - Hanover, MA - Hanover Mariner http://www.patriotledger.com/news/x1433786363...
#2 Mar 11, 2013
Lumus Construction & Solaya Energy are defunct. Doors are closed, phones are off, employees are gone; 'working through them' is a dream. The auction was to payoff $1m in debt, didn't even cover 10%.
The only one who's going to come up with $700k is the Bonding company
#3 Mar 11, 2013
#4 Mar 11, 2013
#5 Jun 24, 2016
Then the chickens came home to roost...He screwed over me but good...
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