Drift Sand Wind Project LLC filed an Aug. 26 application with the Federal Energy Regulatory Commission for acceptance of its market-based rate schedule and FERC Electric Tariff, under which it will sell electric energy, capacity, and ancillary services at market-based rates.
The applicant owns a wind project with a nameplate rating of 108.8 MW currently under development and located in Grady County, Oklahoma. The project will be interconnected with the transmission system owned by AEP Oklahoma Transmission within the Southwest Power Pool balancing authority area.
Drift Sand Wind expects the project to begin testing in fall 2016 and to enter commercial operation in November 2016. The company has filed with the commission a notice of its status as an exempt wholesale generator. It is committed to sell the full output of the project under a 20-year power purchase agreement with Arkansas Electric Cooperative Corp.
Applicant’s membership consists of 65% Class A Membership Interests and 35% Class B Membership Interests.
- 100% of the Class B membership interests are owned by Enel Kansas LLC. Enel Kansas is designated as the Managing Member of the applicant, and, as such, it has the right to control and make the decisions affecting applicant and the project on a day-to-day basis. Enel Kansas is a wholly-owned subsidiary of Enel Green North America Inc., which in turn is wholly owned by Enel Green Power International BV, a company organized under the laws of the Netherlands.
- 100% of applicant’s Class A membership interests is owned by EFS Renewables Holdings LLC, an indirect, wholly-owned subsidiary of General Electric (NYSE: GE).