Iberdrola Renewables announces PPAs with ComEd, Ameren

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Portland, Ore., December 21, 2010 – Iberdrola Renewables sold the output of its New Harvest Wind Power Project being constructed in Iowa to Commonwealth Edison Co. and Ameren Illinois, both new customers.

The contracts will provide roughly equal amounts of output to Ameren Illinois and ComEd, both for terms of 20 years and both beginning June 1, 2012.

Iberdrola Renewables will own the New Harvest Wind Power Project it is building in Crawford County, Iowa, immediately north and west of Schleswig, Iowa, on farmland. U.S. Highway 59 and Crawford County Road E-16 run through the project site.

New Harvest will include 50 Gamesa G87 wind turbines and is expected to generate up to 100 MWs of electricity. Typically, a wind farm of this size can provide clean, renewable electricity to more than 35,000 typical homes.

The estimated environmental benefits of the project will result in the annual offset of 335,000 tons of carbon dioxide, which is equivalent to removing 64,000 cars from the road.

This project will help meet Illinois’s growing demand for electricity. Nationwide, customer demand for wind power is surging as utilities and municipalities add clean, renewable and homegrown power to their supplies. Wind power can serve as a hedge against volatile fossil fuel prices and has proven to be a reliable, low-cost source of energy.

Road construction at the New Harvest site began in 2010, then construction paused due to winter weather. Turbine deliveries and installation are expected to begin when weather permits in the spring.

New Harvest is expected to create approximately 100 construction jobs, and five Iberdrola Renewables permanent operations and maintenance staff with approximately another 12 Gamesa contractors during the warranty period.

The New Harvest project will support the local economy with property tax payments expected to be in the millions of dollars over the life of the project. The property taxes will support schools, public health, fire, library, and other necessary services in Crawford County.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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