FERC approves market authority for Red Horse 2 solar/wind project in Arizona

The Federal Energy Regulatory Commission in a May 21 order granted Red Horse Wind 2 LLC the authority to make wholesale sales of electric energy, capacity, and ancillary services at market-based rates, effective April 20.

Additionally, the commission found that Red Horse Wind 2 meets the criteria for a Category 1 seller in the Northwest, Northeast, Southwest, Southeast, Southwest Power Pool, and Central regions and is so designated.

On Feb. 18, Red Horse Wind 2 filed this application. It is developing and will own and operate a 71-MW wind and solar facility located in Cochise County, Arizona. The facility is interconnected via a 345-kV, 150-foot transmission line to Tucson Electric Power‘s system within the Tucson Electric Power balancing authority area. Red Horse Wind 2 stated that it expects to begin sales of electric energy for testing purposes on or about April 19 of this year. Red Horse Wind 2 also stated that the full output of the facility is committed under a 20-year power purchase agreement with Tucson Electric Power.

Red Horse Wind 2 is a wholly-owned subsidiary of DESRI RH2 Holdings LLC, which is an indirect, wholly-owned subsidiary of DESRI Wind Development Holdings LLC. The managing member of DESRI Wind Development Holdings is DESRI Wind Development Acquisition Holdings LLC. The managing member of DESRI Wind Development Acquisition Holdings is DESRI Management Services LLC, which in turn is a wholly-owned subsidiary of D. E. Shaw Renewable Investments LLC (DESRI). DESRI is a wholly-owned subsidiary of D. E. Shaw & Co. LP (DESCO LP). D. E. Shaw & Co. Inc. (DESCO Inc.) is the general partner of DESCO LP. Dr. David E. Shaw is the chairman, president, and sole stockholder of DESCO Inc.

A company contact is: Nathan Thomas, Chief Compliance Officer, The D. E. Shaw Group, 1166 Avenue of the Americas, Ninth Floor, New York, NY 10036, (212) 478-0000, regulatory@deshaw.com.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.