Wind Capital Group has signed a power purchase agreement to sell 150 megawatts of electricity from a wind farm it is developing in Oklahoma to the Missouri-based Associated Electric Cooperative.
Construction of Osage County Wind, which will be owned by Wind Capital Group, is expected to start in the autumn in Osage County. The facility, which will be located about an hour north of Tulsa, Oklahoma, is expected to be operational by June 2012. The development is set to create 250 on-site jobs during the construction phase and up to 15 permanent jobs when operational.
"The signing of this power purchase agreement is a major milestone in the development of the Osage County wind-energy facility," said Ciaran O’Brien, Wind Capital’s CEO.
“With over 350 megawatts in power purchase agreements and an aggressive 12-month build schedule, Wind Capital Group is taking another significant step toward being one of the leading wind developers in the United States."
Set up in 2005, Wind Capital Group develops utility-scale wind farm projects across the US, with its model base on forming responsible partnerships with the communities in which it operates. It is currently working on a US$250m wind farm in Palm Beach County, Florida, as well as the Post Rock wind facility in central Kansas.
Associated Electric Cooperative is owned by and provides wholesale power to six regional and 51 local electric co-operative systems in Missouri, southeast Iowa and northeast Oklahoma. It serves more than 875,000 customers.
Photo: Wind Capital Group wind turbine. Image courtesy of NTR