Latigo Wind Park LLC filed on Sept. 21 at the Federal Energy Regulatory Commission for authority to sell electric energy, capacity, and ancillary services at market-based rates out of its Utah wind project.
Latigo Wind Park owns and will operate a wind facility with a nameplate capacity rating of about 62.1 MW located in San Juan County, Utah. The Latigo Project is located within the PacifiCorp East (PACE) balancing authority area in the Northwest region. Applicant has already filed a notice of exempt wholesale generator status with FERC. It expects the Latigo Project to begin commercial operation during December 2015.
Applicant is committed to sell the entire output from the Latigo Project under a 20-year power purchase agreement with PacifiCorp. The Latigo Project will interconnect with the PacifiCorp-controlled Rocky Mountain Power grid at the Pinto substation.
Applicant is a wholly-owned subsidiary of Sustainable Power Group LLC (sPower), which itself is a wholly-owned subsidiary of FTP Power LLC. FTP is managed by a Board of Managers comprised of seven managers, and the right to designate managers to that board is determined by each member’s percentage ownership of the Common Units, with the exception of a single minority member-designated manager. Thus, the Common Units represent controlling interests and the Class A Units are non-controlling, passive interests. Therefore, only the Common Units are relevant for purposes of the horizontal market screen analysis, the application noted.
The Common Units in FTP are owned by three entities: Martifer-Silverado Fund I LLC (0.9% of the Common Units); Fir Tree Solar LLC (98.2% of the Common Units); and C2E LLC (0.9% of the Common Units).
A company contact is: Sean McBride, General Counsel, Sustainable Power Group LLC, 2180 South 1300 East, Suite 600, Salt Lake City, UT 84106. Telephone: (801) 679-3500, Fax: (801) 679-3501, email@example.com.