Buena Vista, California
Buena Vista wind farm achieved commercial operation in late December 2006 with a total installed capacity of 38 MW and an expected net energy output of 108.3 GWh per annum. The wind farm consists of 38 Mitsubishi MWT-62 1 MW wind turbines and is located in California. Buena Vista has a net capacity factor of 32.5%.
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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 long term off-take contracts with terms of 10 years
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Customers
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Pacific Gas and Electric Co
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Operation
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A five year Wind Turbine Maintenance and Service Agreement with Mitsubishi Power Systems is in place
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Land
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Land leases with 30 year terms
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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 project entity.
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Regulatory
regime
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USA Production Tax Credits under the Energy Policy Act (2005)
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