The Federal Energy Regulatory Commission on March 16 approved a change in ownership related to a 50-MW wind facility in Maryland.
On Jan. 21, Roth Rock Wind Farm LLC and Roth Rock North Wind Farm LLC, wholly-owned subsidiaries of Roth Rock Holdings LLC, asked for authorization for a transaction. Under this deal, Gestamp Wind Maryland LLC, a wholly-owned subsidiary of Gestamp Wind Energy North America Inc., will acquire 100% of the passive, Class B shares in Roth Rock Holdings from Firstar Development LLC. Gestamp currently owns 95% of the controlling Class A shares in Roth Rock Holdings.
Roth Rock owns and operates a 50-MW wind facility that is located in Garrett County, Maryland. Roth Rock sells 80% of the output of the Roth Rock Facility to Delmarva Power & Light under a long-term power purchase agreement.
Roth Rock North has been granted authority to sell electric energy, capacity, and ancillary services at market-based rates. Roth Rock North sells 20% of the output of the Roth Rock Facility to the Maryland Department of General Services and the University System of Maryland under long-term power purchase agreements.