Sweetwater, Phase 3, Texas
Sweetwater Phase 3 commenced operations in December 2005 with a total installed capacity of 135 MW. Sweetwater Phase 3 consists of 90 General Electric 1.5 MW wind turbines. It is located in Texas. Electricity generated from Sweetwater Phase 3 is sold to the City of San Antonio and the City of Austin. The net capacity factor is 42.2%.
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Revenue
assurance
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All electricity is sold under a long term offtake contract of 12-20 years
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Customers
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City of Austin, Texas.
City of Santonio, Texas.
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Operation
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Operations and Maintenance contract for a 5 year term with General Electric
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Land
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Land leases with 30 or 40 year tenure
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IFN's
percentage ownership
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50% of Class B Membership interests. Remaining 50% Class B Membership held by Catamount Energy Corporation
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Regulatory
regime
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USA Production Tax Credits
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