The Sweetwater 5 wind farm commenced commercial operations in December 2007 and has a total installed capacity of 80.5MW and a net capacity factor of approximately 37%. Located in Texas, US, Sweetwater 5 consists of 35 Siemens SWT wind turbines with a rating of 2.3MW.
|
|
|
Funding
|
Exisiting cash and debt facilities under the existing global corporate facility
|
|
Revenue assurance
|
Market
|
|
Customers
|
Merchant facility selling power at prevailing market price
|
|
Operation
|
Services and Maintenance agreement with Siemens for a period of two years
|
|
Land
|
30 year land lease
|
|
IFN's % ownership
|
53% of the Class B Membership interests
|
|
Regulatory
regime
|
US Production Tax Credit under the Energy Policy Act (2005)
|
|