SRP buys wind power from Iberdrola Renewables wind energy project

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Portland, Ore., March 19, 2010 — Iberdrola Renewables agreed with Salt River Project to purchase the entire output of Phase 2 of the Dry Lake Wind Power Project in northern Arizona for a 20-year term.


When permitted, the Dry Lake 2 Wind Project will be located about seven miles northwest of Snowflake on a combination of private and state lands.


The wind energy project will be just west of Arizona State Highway 77 three miles east of Dry Lake 1, south of Holbrook and the I-40 corridor.

“SRP has greatly enjoyed working with Iberdrola Renewables at Dry Lake 1, Arizona’s first commercial-sized wind energy project,” said SRP General Manager Richard Silverman.


“Adding additional wind energy to our resource mix will provide more clean energy for our customers while at the same time helping to increase the overall renewable energy supply in Arizona.”


Dry Lake’s Phase 2 will use up to 31 Suzlon wind turbines and is expected to generate up to 65 MW of electricity.


Typically, a wind farm of this size will provide clean, renewable electricity to more than 9,100 typical homes in SRP’s service territory.


The estimated environmental benefits of the project will result in the annual offset of more than 176 million pounds of carbon dioxide, which is equivalent to removing 15,000 cars from the road.


The nine-to-12-month construction period of Dry Lake 2 is expected to create construction and engineering jobs for as many as 200 workers and about five permanent operations and maintenance staff.


Iberdrola Renewables, Inc., headquartered in Portland, Oregon, has installed more than 3,500 MW of wind power in the US. It is part of Iberdrola Renovables, which has more than 10,000 MW in operation in 23 countries.


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