September 19, 2011
The Chisholm View Wind Project in rural Oklahoma is unique in that it will transport low-cost renewable wind energy across three transmission systems to Alabama under a long-term energy agreement between TradeWind Energy and Alabama Power Company.
Lenexa, Kan. (September 19, 2011) –TradeWind Energy, LLC and Alabama Power Company have entered into a long-term renewable energy purchase agreement that will deliver low-cost wind energy from the wind-rich resources of Oklahoma to communities in Alabama.
The Chisholm View Wind Project, developed as a 300 MW site, will be the largest wind farm in Oklahoma once it is complete. The 20-year power purchase agreement between TradeWind Energy and Alabama Power for 202 MW was approved by the Alabama Public Service Commission on September 7. TradeWind Energy’s plan allows flexibility for construction of a wind project between 200 and 300 MW. The Project will be constructed across approximately 20,000 acres and hosted by over 100 landowners in northern Garfield and southern Grant Counties in Oklahoma.
The contract is the first agreement to come out of Alabama Power’s 2009 request-for-proposals for renewable energy projects, said John Kelley, director of Forecasting and Resource Planning for the Birmingham, Ala.-based company.
“This agreement not only boosts our use of renewable energy, it also provides real savings for our customers,” said Matt Bowden, Alabama Power vice president for Environmental Affairs. “It benefits both the environment and the people we serve.”
An estimated 150 people will be employed during the construction phase with the fully operational project requiring 10 – 15 full-time workers. Commercial operation is anticipated in December 2012.
Oklahoma Governor Mary Fallin praised the project. “Our business-friendly atmosphere and pro-growth policies are helping to attract great companies like TradeWind Energy to Oklahoma. The result is job creation and the infusion of money back into the State in the form of tax revenues and landowner lease payments,” Fallin said.
The project is expected to contribute up to $5 million annually in direct payments to the local community via property taxes and rent payments to landowners who will host the turbine easements over the 20-year contract term.
This is the largest renewable energy power purchase agreement to be entered into by a Southeastern utility, and the second project developed by TradeWind Energy that will deliver wind energy from the Midwest into the Southeastern United States. Over the past 12 months, TradeWind has entered long term PPAs that will lead to the construction of three wind projects that will deliver over 600 MW of energy to utility customers in the 10 states served by Alabama Power, Tennessee Valley Authority and Western Farmers Cooperative.
“We have been working closely with Alabama Power to meet their needs for affordable renewable energy,” said Frank Costanza, TradeWind Energy Executive Vice President Corporate Development. “Signing this agreement is a significant accomplishment for Alabama Power, TradeWind Energy and the wind industry, demonstrating that wind energy from the Great Plains can be delivered to Southeast utilities while reducing cost to their customers.”
ABOUT TRADEWIND ENERGY
TradeWind Energy, LLC, is one of the largest independent wind project development companies in the U.S. Founded in 2003, the Lenexa, Kansas based company partners with local utilities, cooperatives, environmental groups, municipalities and landowner’s to develop mutually beneficial wind energy projects. TradeWind Energy, the 2009 recipient of the Kansas Governor’s Energy Achievement Award, takes great pride in its ability to deliver low-cost wind energy while maintaining an uncompromising commitment to long-term project quality. The company is actively developing 4,000 MW of clean, renewable energy in 11 states throughout the central United States. For more information, visit www.tradewindenergy.com.
ABOUT ALABAMA POWER COMPANY
Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO), provides reliable, affordable electricity to more than 1.4 million customers in the southern two-thirds of the state. To learn more, visit www.alabamapower.com.
Laurie Roberts, Parris Communications
Bill Musgrave, Parris Communications