New Creek Wind LLC on Dec. 21 advised the West Virginia Public Service Commission of a change in the ownership of its membership interests.
In its September 2009 final order in this docket, as amended in November 2009 and September 2014, the commission issued a siting certificate to AES New Creek LLC (now called New Creek Wind) to construct a wind facility in Grant County, West Virginia. Immediately prior to Nov. 23, 2015, New Creek Wind was a direct, wholly-owned subsidiary of EverPower Wind Holdings Inc. On Nov. 23, Enbridge Holdings (New Creek) LLC entered into a membership interest purchase agreement with EverPower under which Enbridge Holdings purchased 100% of the membership interests in New Creek Wind.
Enbridge Holdings is an indirect, wholly-owned subsidiary of Enbridge (U.S.) Inc.
A West Virginia siting rule appears to require a 30-day notice only in the event that the owner of an exempt wholesale generator “plans to transfer or assign its Siting Certificate to another entity.” Although it is unclear whether the notice provisions of the rule apply to this transaction, Enbridge Holdings has nonetheless elected to provide the commission with the notice of a change in ownership, in accordance with what Enbridge Holdings believes to be the spirit and intent of the rule. Enbridge Holdings and New Creek Wind apologize for the delay in filing this notice and requested that the commission waive the 30-day notice period, to the extent such a waiver is deemed to be required.
Enbridge Inc. (TSX: ENB) (NYSE: ENB) on Nov. 25 announced the acquisition of a 100% interest in the 103-MW New Creek Wind Project in West Virginia from EverPower Wind Holdings. Enbridge’s total investment is approximately US$0.2 billion. New Creek Wind will be made up of 49 Gamesa G97/G90 turbines and is targeted to be in service in December 2016.