Development Team

HON. HAYES GAHAGAN - PRESIDENT/CEO

Hayes Gahagan is a Managing Member of Loring Holdings, LLC. He is the founder, lead entrepreneur, principal developer and an owner of the Loring Energy Projects at the former Loring Air Force Base in Limestone, Maine. As Managing Member, Mr. Gahagan is responsible for day-to-day management of technical, economic, environmental, legal and regulatory matters for the project owners.  As a former legislator, he has been involved in various business-related assignments, including drafting of legislation, presentations at legislative hearings, special boards and commissions, and Governors advisory groups with specialty focus on U.S., New England and Maine energy policy, environmental affairs and economic development.  Mr. Gahagan was elected to the Maine House of Representatives and the Maine Senate, serving as a member of the Joint Standing Committee on Appropriations and Financial Affairs.  Mr. Gahagan received his BA and MA from the University of Maine and completed graduate studies in International Law and Economics at Manchester College, Oxford.

WILLIAM J. SMYTH, ESQ. - CHIEF LEGAL OFFICER

Bill has served as legal counsel to the Loring Energy Projects since 2007.  He is one of Loring Holdings, LLC’s two Member Representatives and serves as Secretary and Chief Legal Officer. Bill received his Juris Doctorate degree from Brooklyn Law School in 1993. While at Brooklyn Law School, Bill focused his attention on estate planning, business planning and taxation courses.  Bill was awarded the American Jurisprudence Award for Future Interests for excelling in his coursework. He has practiced law in Kennebunk, Maine since 1993. In 1999, Bill became a foreign legal consultant in Québec, Canada. In 2004, he started serving clients in Northern Aroostook County from an office in Fort Kent, Maine. Most recently, Bill opened an office in Hampton, NH to serve clients from New Hampshire and Massachusetts. As a Member Representative, Bill’s responsibilities include oversight of legal and administrative matters.

RYAN GAHAGAN - DIRECTOR OF BUSINESS DEVELOPMENT

Ryan has contributed to the Loring Energy Projects since 2012 as the owner and managing member of Treadwood, LLC (www.treadwood.com). Ryan is responsible for developing business opportunities, economic modeling, managing regulatory proceedings, drafting proposals, motions, reports and other filings, conducting research and analysis on Maine and New England energy matters, performing geospatial research and mapping, participating in regional energy industry organizations, managing the Loring Energy Projects PR, communications and IT, and interfacing with outside engineering, permitting and regulatory consultants and attorneys. He received his BA in Communications from Gordon College in Wenham, MA in 2002 and is based in Portland, ME. 

KEN BORNEMAN - CHIEF ENGINEER

Ken Borneman’s 40+ years’ experience and proven track record in the manufacturing power industry provides the necessary skills to be particularly effective for his clients. With thirteen years of independent energy consulting, thirteen years in the private Power Production supply and twelve years in the specialty board pulp and paper, mills steam and power supply, he has the expertise to meet the ever changing needs of today’s total energy and power requirements within the industry. From project design, business and management development, and contract negotiations, to O&M, fuel procurement, environmental compliance, engineering, accounting, and project oversight, Ken provides a realistic and productive approach to his customers needs. Maintaining efficient productivity through experienced management knowledge, professional diligence, technical skills and a hands on approach, Mr. Borneman provides his clients with the foremost quality product.