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

Funding

Available debt facilities and existing cash on hand

Revenue

assurance

All electricity is sold under a PPA with a 23 year term

Customers

PJM

Operation

A two year Warranty & Maintenance Agreement is in place with Gamesa

Land

30 year land lease

IFN's

percentage

ownership

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

Regulatory

regime

USA Production Tax Credits under the Energy Policy Act (2005)