Infinity Wind Power Acquires Strategic Projects

Santa Barbara, CA, January 23, 2013: Infinity Wind Power today announced the acquisition of several wind projects in western Kansas.

In June of 2012 Infinity acquired two Kansas projects under development in Ford, Gray, and Finney counties from local developer Zephyr Wind Power, based in Cimarron, KS. In the first week of 2013 Infinity finalized the purchase of the Pioneer Wind Project in Ford County, KS from Clipper Windpower Development. The two acquisitions combined have the potential to produce over 1,500 megawatts (MW) of wind energy once fully operational.

“Infinity has made several significant acquisitions in western Kansas to complement our existing development activities,” said Infinity Wind Power CEO Matt Riley. “These acquisitions bring Infinity’s total development pipeline in western Kansas to over 2,500 MW. We are making these investments in western Kansas in anticipation of future transmission line infrastructure reaching the region. Kansas has been a strong leader nationally for the wind industry and we hope that continues through the rest of the decade.”

Infinity plans to interconnect these projects to the Grain Belt Express Clean Line transmission line, which is a high voltage direct current transmission line currently being developed by Clean Line Energy Partners. This transmission line will collect 3,500 MW of low-cost wind energy from the central and southern plains and export that power to markets in Missouri, Indiana and points farther east. The Grain Belt Express Clean Line will represent new direct investment in communities across four states of approximately $2 billion. Combined with approximately $5 billion of direct investment for the construction of new renewable energy facilities to supply energy for the line, the Grain Belt Express Clean Line will enable approximately $7 billion of direct investment in long-lasting infrastructure, resulting in over 5,000 construction jobs and 500 permanent jobs to the state of Kansas.

The Grain Belt Express transmission line is scheduled to begin construction as early as 2015 and be energized in 2018. The wind projects in Finney, Ford, Gray and Hodgeman Counties are scheduled to start construction by 2016 to ensure that they will be operational in 2018 when the energy is able to flow to those new markets.

“We have noted tremendous progress recently by Clean Line Energy and the Grain Belt Express Clean Line transmission project,” said Mr. Riley. “Infinity is positioning these wind projects to collectively provide renewable energy supply to address demand in markets farther east at a delivered cost far below what is available in those eastern markets. These projects are ready to go and the communities hosting the development work to date have shown a great deal of support.”

 


 

About Infinity Wind Power, LLC


Infinity Wind Power is a leader in wind energy development, focused on advancing quality wind projects through the development process. Based on a landowner advocacy approach, Infinity’s primary goal is to identify and develop wind energy projects with a focus on partnership creation for long-term ownership. To learn more about Infinity Wind Power, please visit www.infinitywind.com.