Name of the Project
Thunder Ranch Wind Farm project.
Location
The project is located in the Garfield, Kay and Noble counties, in Oklahoma, in the US.
Client
Enel Green Power North America (EGPNA), a subsidiary of the renewable-energies division of Enel Group.
Project Description
The project entails the construction of a wind farm with a total installed capacity of 298 MW. The wind farm will be able to generate more than 1 100 GWh/y – equivalent to the energy consumption needs of more than 89 400 US households.
The project will avoid the emission of about 790 000 t/y of carbon dioxide.
The wind farm will be supported by long-term agreements for the sale of power and renewable-energy credits.
Potential Job Creation
Not stated.
Value
$435-million.
Duration
The project is expected to enter into service by the end of 2017.
Latest Developments
EGPNA has signed a tax equity agreement worth about $330-million with the Alternative Energy Investing Group of Goldman Sachs and GE Energy Financial Services for the Thunder Ranch project.
The agreement secures the funding commitment by the two investors, and closing of the funding is expected to occur upon achievement of commercial operation of the 298 MW wind farm.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Enel head of global media relations Roberta Vivenzio, tel +3906 83051 or email GMR@enel.com.