200-MW Pleasant Valley Wind project is complete – and about to be sold to Xcel

RES Americas told the Minnesota Public Utilities Commission in a Nov. 13 update that the Pleasant Valley Wind LLC (PVW) project is due to be sold to Xcel Energy (NYSE: XEL) on Nov. 18 and to go into commercial operation the next day.

This update was mandated under a commission approval for this 200-MW project.

The filing said: “Xcel Energy is under contract to purchase PVW from Renewable Energy Systems Americas, Inc., and will own and operate the project at the commencement of commercial operations. Xcel Energy and Renewable Energy Systems Americas, Inc., are currently planning to transfer ownership of the Pleasant Valley Wind, LLC on Wednesday, November 18, 2015. Xcel Energy will commence commercial operations on the following day, Thursday, November 19, 2015.”

The company added: “The Pleasant Valley Wind Project construction reached substantial completion on October 30, 2015. Final completion of construction activities at the project, including all required restoration and reclamation activities are on-going.”

The commission in February 2014 had approved an amendment to the site permit for this project, located in Dodge and Mower counties, to bring the approved capacity down from the original 301 MW to the current 200 MW. The cut in size was to match a power purchase deal with Xcel and its Northern States Power subsidiary.

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.