Pacificorp Purchases Leaning Juniper 1
NAW Staff, Thursday 27 July 2006 - 01:00:00
PacifiCorp and PPM Energy recently announced PacifiCorp has purchased from PPM Energy the Leaning Juniper 1 wind energy generation facility, located about three miles southwest of Arlington, Ore. Scheduled to be completed in August, the facility will have a generating capability of 100.5 MW.
PPM Energy began project construction in January 2006. Under the agreement, PPM Energy will complete construction of the project for PacifiCorp and then provide operation, maintenance and warranty services for a period of two years.
"This purchase announcement is the first of several we expect to be making in the next year, as we aggressively pursue renewable resources as an economic and environmentally prudent component of our generation portfolio," says Greg Abel, chairman and chief executive officer of PacifiCorp. "As part of its sale to MidAmerican Energy Holdings Company, PacifiCorp committed to bring at least 100 MW of cost-effective new wind resources in service by late March 2007 and to have, to the extent available, 400 MW of cost-effective new renewable resources in PacifiCorp's generation portfolio by the end of 2007."
The announcement is a first for PPM Energy, which for some time has sold energy and green tags from wind farms and now, for the first time, is selling a developed and built wind project to a utility.
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