EverPower, OwnEnergy join with build local wind farm

Pittsburgh, December 20, 2011 — EverPower Wind Holdings, Inc., a unit of Terra Firma, and OwnEnergy, closed a transaction where EverPower will acquire and construct Patton Wind Farm, LLC. This is a project that OwnEnergy has been developing from inception with its local landowner partner.

The project will be 30 MW and will be fully operational by the end of 2012. An interconnection agreement with PJM has been secured and power will be sold on the merchant market. The Patton project is located in Elder, West Carroll and East Carroll Townships across about 2,700 acres of agriculture land.

According to EverPower, the project will provide about 100 jobs during construction, and up to 10 full-time jobs required to operate and maintain the project over the next thirty years.

Many of the workers will be drawn from the local labor pool and non-local workers will require lodging, food and other necessities that will be also purchased locally, which will benefit local businesses.

In addition to construction jobs, locally purchased goods and services will be needed. These construction materials include gravel, concrete, wood, fencing, steel rebar, cabling and fuel.

The development companies worked together to obtain funding in the amount of $3.2m from the Commonwealth Financing Authority under the Renewable Energy program. The award will improve the project’s viability in a challenging market environment and help enable the Patton Wind Farm to provide clean, renewable energy to more than 9,000 households and move Pennsylvania closer it its renewable energy targets.

The Patton Wind Project will be EverPower’s fourth Pennsylvania project and third in Cambria County. The 62.5 MW Highland Wind Farm, located in Adams Township became operational in 2009. The 75 MW Highland North Wind Farm is located in townships of Adams and Summerhill and will become operational by the end of the year.

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