The Federal Energy Regulatory Commission on Nov. 21 issued a letter order approving an Aug. 14 application from Chisholm View Wind Project LLC for market-based rate authority with an accompanying tariff.
The proposed market-based rate tariff provides for the sale of energy and capacity at market-based rates. Chisholm View requested waivers commonly granted to similar market-based rate applicants. “Based on your representations, Chisholm View meets the criteria for a Category 2 seller in the Southwest Power Pool region and a Category 1 seller in all other regions and is so designated,” said the Nov. 21 letter from Steve Rodgers, FERC’s Director of the Division of Electric Power Regulation-West.
Chisholm View owns a 235.2-MW wind facility under construction in Grant and Garfield counties, Okla. Out of that capacity, 202 MW is committed under a long-term power purchase agreement with a non-affiliate. Chisholm View is 51% owned by EFS Chisholm LLC and 49% owned by Enel Kansas LLC.
This wind project is in the Oklahoma Gas & Electric balancing authority area (OKGE) in the SPP region and is expected to be completed around Dec. 31, 2012, said an Aug. 21 filing by the company. “Applicant is committed to sell 202 MW of the Chisholm View Project under a 20-year power purchase agreement with a non-affiliate, Alabama Power Company,” said the company filing. “Applicant will own no transmission facilities other than limited interconnection facilities needed to connect the Chisholm View Project with the transmission system.”
All membership interests in Enel Kansas LLC are owned by Enel Green Power North America Inc. (Enel NA), which is itself designated as the manager of the applicant and the Chisholm View Project. Enel NA is a wholly-owned subsidiary of Enel Green Power International BV, a company organized under the laws of the Netherlands. Enel Green Power International BV is a wholly-owned subsidiary of Enel Green Power S.p.A., an Italian joint-stock company, which in turn is a wholly-owned subsidiary of Enel S.p.A., an Italian joint-stock company. Enel NA’s principal business is owning, operating, and developing hydroelectric and renewable energy generation facilities throughout the United States and Canada.
All of the applicant’s Class A membership interests are owned by EFS Chisholm LLC, an indirect, wholly owned subsidiary of General Electric (NYSE: GE). EFS Chisholm is a passive investor in Chisholm View Wind Project LLC.