Allegheny Ridge 1, Pennsylvania
Alleheny Ridge 1 wind farm is fully operational with a total installed capacity of 80MW and an expected long-term mean energy production of 238.3 GWh per annum. The wind farm consists of 40 Gamesa G87 2.0MW wind turbines and is located in Illinois US. Allegheny Ridge 1 has a net capacity factor of 34.0%.
Key Information |
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Funding
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Available debt facilities and existing cash on hand
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Revenue
assurance
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All electricity is sold under a PPA with a 23 year term
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Customers
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PJM
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Operation
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A two year Warranty & Maintenance Agreement is in place with Gamesa
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Land
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30 year land lease
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IFN's
percentage
ownership
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IFN has acquired a US entity which holds all of the Class B Membership interests in a holding company which in turn owns 100% of the wind farm
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Regulatory
regime
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USA Production Tax Credits under the Energy Policy Act (2005)
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