Enel Green Power, through its U.S. subsidiary Enel Green Power North America Inc. (EGP NA), has started operations at the Rocky Ridge wind farm, located in Kiowa and Washita counties, Oklahoma. The energy generated by the new wind project will be purchased by the local utility Western Farmers Electric Cooperative.
The new wind farm has a total installed capacity of about 150 MW, and is composed of 93 turbines of 1.6 MW each. For both the Rocky Ridge and Caney River wind farms, EGP NA reached a tax equity partnership agreement – worth about $340m – with a syndicate led by JP Morgan.
“With Rocky Ridge, Enel Green Power continues its solid growth in the United States, which has one of the most open and competitive markets in the world,” stated Enel Green Power CEO Francesco Starace. “Such an achievement demonstrates our consolidated capacity to execute important investments quickly and with satisfactory returns.”
Rocky Ridge spreads over 18,000 acres of land leased from 75 owners. The wind farm created some 150 jobs during construction, and now that it is fully operational, about 10 for plant management and maintenance.
Enel Green Power North America has plants operating or under construction in 21 American states and three Canadian provinces. EGP NA operates and manages more than 70 plants, with an installed capacity in hydroelectric, wind, geothermal, solar and biomass of 1,238 MW, including the new Rocky Ridge plant.