Kingfisher Wind LLC, developer of a 298-MW project in Oklahoma, applied March 17 at the Federal Energy Regulatory Commission for acceptance of its market-based rate schedule, under which it will sell electric energy, capacity, and certain ancillary services at market-based rates.
Kingfisher Wind owns and is developing a wind facility with an approximately 298-MW nameplate capacity located in Canadian and Kingfisher counties, Oklahoma, within the balancing authority area (BAA) of the Southwest Power Pool (SPP). The facility is expected to generate test power during the third quarter of 2015 and begin commercial operation during the fourth quarter of 2015. Kingfisher Wind in February filed with FERC a notice of self-certification as an exempt wholesale generator.
When completed, the facility will be comprised of 149 Vestas V100 wind turbines and related real property, as well as limited interconnection facilities necessary to effectuate Kingfisher Wind’s wholesale power sales from the facility. The limited interconnection facilities will consist of 34.5 kV collection lines and related facilities, including a collection substation, transformers and disconnect switches, and a share of a 25-mile, 345 kV generator tie line and related equipment and facilities (the “Shared Facilities”) that are necessary to interconnect the facility to the 345-kV Cimarron substation owned by Oklahoma Gas & Electric (OG&E) and the transmission system operated by SPP. The Shared Facilities are owned by Canadian Hills Wind LLC, an exempt wholesale generator which owns and operates a wind facility that is interconnected with the OG&E transmission system by the Shared Facilities.
Pursuant to an option and asset purchase agreement, Kingfisher Wind has an option to acquire from Canadian Hills an undivided 30% tenancy-incommon interest in the Shared Facilities. Kingfisher Wind said it has exercised its option to acquire an interest in the Shared Facilities.
Kingfisher Wind is a wholly-owned subsidiary of FR Kingfisher Holdings II LLC, which is an indirect subsidiary of First Reserve Energy Infrastructure Fund II LP (FREIF). FREIF is controlled directly and indirectly by senior officers of First Reserve, a global private equity firm focused on the energy industry.