Odell Wind Farm LLC told the Minnesota Public Utilities Commission in a July 12 compliance filing that its 200-MW project is due for commercial operation around July 30 of this year.
The company was required to file the notice under the commission’s July 2014 site permit approval for this project. The company has installed a 200-MW wind facility located in Cottonwood, Jackson, Martin and Watonwan counties, Minnesota. The facility will interconnect with the Midcontinent Independent System Operator system.
Odell Wind has entered into a power purchase agreement with the Northern States Power unit of Xcel Energy (NYSE: XEL). Under the power purchase agreement, Northern States will purchase 100% of all energy, renewable energy credits and installed capacity produced by or available from the facility.
A company contact is: Riley Griffin, Environmental Planner, Algonquin Power Co. (on behalf of Odell Wind Farm LLC) 354 Davis Road, Suite 100, Oakville, ON L6J 2X1, Riley.Griffin@AlgonquinPower.com, (905) 465 6714.
Also on July 12, the Federal Energy Regulatory Commission approved a June 1 application from Odell Wind Farm LLC, Algonquin Power (Odell Holdings) Inc., Odell SponsorCo LLC (SponsorCo), and Odell Holdings LLC (Holdings) for authorization for the disposition of jurisdictional facilities resulting from the transfer of 100% of the passive Class A membership interests in Holdings, to JPM Capital Corp. and Metropolitan Life Insurance Co. (JPM Capital and MetLife are jointly referred to as “Tax Equity Investors).
FERC was told that Odell expects to begin testing the facility in May 2016 and to achieve commercial operation in July 2016.
Odell’s sole and managing member is Holdings. Holdings’ sole and managing member is SponsorCo. SponsorCo has two members with an equal 50% interest: Enel Kansas LLC and Algonquin Power. Algonquin Power’s ultimate parent is Algonquin Power & Utilities Corp., an electric power generation and utility infrastructure company with a principal place of business in Oakville, Ontario.
Enel Kansas is a wholly owned subsidiary of Enel Green Power North America Inc., which is a wholly owned subsidiary of Enel Green Power International BV which is a wholly owned subsidiary of Enel SpA.
JPM Capital is an indirect, wholly owned subsidiary of JPMorgan Chase & Co., an international financial services company.