Enel Green Power S.p.A. said Dec. 9 that it has brought online the 200-MW Goodwell wind farm located in Texas County, Oklahoma.
“Oklahoma is one of the best places in the world for wind resources,” said Francesco Venturini, CEO and General Manager of Enel Green Power. “The Goodwell facility is the fifth wind farm that EGP has brought into operation since entering the Oklahoma market in 2012. The project underscores EGP’s ongoing investment in the state and in the U.S. renewable energy market. We are rapidly progressing on our capacity expansion targets coupled with community initiatives including infrastructure and education to ensure that we deliver truly sustainable development in every region in which we are present.”
The construction of Goodwell, which is owned by Goodwell Wind Project LLC, a subsidiary of Enel Green Power North America (EGPNA), is the result of a total investment of approximately $310 million, in line with the company’s growth targets set out in its current business plan. In July 2014, EGPNA signed a capital contribution agreement with a consortium led by J.P. Morgan, thus securing partial financing for the project.
As one of the largest wind farms in the EGPNA portfolio, the Goodwell plant is expected to generate about 860 million kWh annually. The Goodwell wind farm is supported by a 20-year power purchase agreement.
Enel Green Power is the Enel Group Company fully dedicated to the international development and management of renewable energy sources, with operations in Europe, the Americas, Africa and Asia. The company has an installed capacity of more than 10,000 MW from a mix of sources including wind, solar, hydropower, geothermal and biomass. The company has about 740 plants operating in 16 countries.
Enel Green Power North America owns and operates over 90 plants in 21 U.S. states and two Canadian provinces. As of today, the company has a total installed capacity of more than 2,200 MW.
Goodwell Wind Project LLC had applied Sept. 3 at the Federal Energy Regulatory Commission for approvals to engage in wholesale sales of electricity, capacity, and ancillary services at market-based rates. Its 200-MW project is interconnected to Southwestern Public Service within the Southwest Power Pool balancing authority area. The company said it is committed to sell the full output of the project under a 20-year renewable energy purchase agreement to Public Service Co. of Oklahoma.