The Federal Energy Regulatory Commission on Dec. 30 approved an Oct. 30 application from Chisholm View Wind Project LLC for authorization for the disposition of jurisdictional facilities in which EGPNA REP Wind Holdings LLC (REP Wind) will acquire 100% of passive, non-controlling Class A membership interests in Chisholm View from Enel Kansas LLC and EFS Chisholm LLC.
Chisholm View owns and operates a 235.2-MW wind project located in Grant and Garfield counties, Oklahoma, within the Southwest Power Pool market. All of the project’s capacity, except for 33.2 MW, is committed under a 20-year power purchase agreement with Alabama Power. Chisholm View will sell the remaining 33.2 MW of power into the SPP market.
Chisholm View’s passive, non-controlling Class A membership interests are held 75 percent by Enel Kansas and 25 percent by EFS Chisholm. The passive, non-controlling Class B membership interests in Chisholm View are held by three tax equity investors.
Enel Kansas is a wholly-owned subsidiary of Enel Green Power North America Inc. (EGPNA). EGPNA indirectly owns, through Enel Kansas, 75 percent of the passive, non-controlling Class A membership interests in Chisholm View. General Electric (NYSE: GE) indirectly owns, through EFS Chisholm, 25 percent of the passive, non-controlling Class A membership interests in Chisholm View.
EGPNA REP Holdings LLC (REP Holdings) is directly owned by EGPNA Renewable Energy Partners LLC (REP). REP Holdings is the managing member of REP. REP Holdings’ sole business is the ownership and operation of renewable energy generation facilities in the United States and Canada. REP Holdings indirectly owns interests in various generation subsidiaries and assets through REP.