Enel Green Power S.p.A., through its subsidiary Enel Green Power North America, has begun construction on the 150-MW Origin wind project located in Murray and Carter counties, Okla.
The new plant, which will have a total installed capacity of 150 MW, will be able to generate up to 650 GWh per year, Enel noted in a Nov. 21 statement. The Origin wind farm, owned by Origin Wind Energy LLC, a subsidiary of Enel Green Power North America, is expected to be completed and to enter service by the end of 2014.
The construction of the plant, in line with the growth targets set by Enel Green Power’s 2013-2017 Business Plan, requires a total investment of about $250m, financed through the Enel Green Power Group’s own sources.
The project has a 20-year power purchase agreement. The project has also qualified for federal production tax credits (PTC), which under the current law go to projects that began construction by the end of 2013.
The new wind project will add to the 150-MW Rocky Ridge and 235-MW Chisholm View wind farms already operating in Oklahoma. At present, the total installed wind capacity of EGP in North America exceeds 1,265 MW.
Enel Green Power (EGP) operates in North America through Enel Green Power North America, which owns and operates over 90 plants in 21 U.S. states and two Canadian provinces with an installed capacity exceeding 1.6 GW. This capacity base is diversified across four generation technologies; wind, geothermal, solar photovoltaic and hydro.