Sweetwater 5
Sweetwater 5 wind farm is currently under construction and is expected to be fully operational in the first half of 2008 with a total installed capacity of 80.5MW and an average long term energy production of 275.9GWh per annum. It is the fifth instalment to the Sweetwater wind farms located in Texas, US. When constructed, Sweetwater 5 will have 35 Siemens SWT wind turbines with a rating of 2.3MW.
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Funding
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Available debt facilities under existing global corporate facility and cash on hand
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Revenue
assurance
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Market
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Customers
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Merchant facility selling power at prevailing market price.
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Operation
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Services and Maintenance agreement with Siemens for a period of 2 years
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Land
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30 year land lease
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BBW's
percentage
ownership
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BBW would acquire 53% of the Class B Membership interests
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Regulatory
regime
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USA Production Tax Credits under the Energy Policy Act (2005)
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