PPM Energy Sells Entire Pebble Springs Wind Farm Output
Posted on: Monday, 18 February 2008, 03:00 CST
Iberdrola Renewables's US energy business, PPM Energy, has sold all the output of its 99MW Pebble Springs wind power project before breaking ground.
The Pebble Springs project, located in Gilliam County, Oregon, near the town of Arlington, US, is expected to go into construction in the spring of 2008. With this project, PPM's Pacific Northwest wind portfolio will grow to more than 1,000MW serving customers in Oregon, Washington and California.
The project is expected to produce more than 275,000MWh annually - of which Los Angeles Department of Water and Power will receive 193,000MWh - enough wind energy to serve more than 45,800 homes.
Terry Hudgens, CEO of PPM Energy, said: "We are delighted to start work on another project to provide clean, renewable energy to our repeat customers. With this transaction, PPM will now provide approximately 230MW to Southern California Public Power Authority (SCPPA) members from wind farms in California, Wyoming and now Oregon, bringing more jobs, lease payments and tax revenues to Gilliam County."
Source: Datamonitor
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