- Press Releases
January 5 (Renewables Now) - Pattern Energy Group LP has finalised the financing and launched full construction of its over-1-GW Western Spirit suite of wind projects in New Mexico.
Construction has also kicked off on the Western Spirit Transmission Line, which is owned by the New Mexico Renewable Energy Transmission Authority (RETA) and is being co-developed by Pattern Energy, the latter said on Monday.
The new wind parks, which will add more than 1,050 MW of power generation capacity, will be installed in the Guadalupe, Lincoln and Torrance counties and will be equipped with 377 turbines by General Electric (NYSE:GE). The machines will have capacities ranging between 2.3 MW and 2.8 MW, the manufacturer said in a separate statement, adding that deliveries have already commenced. GE will service the complex under a 10-year contract, once commissioned.
Pattern Energy expects to bring the wind farms online by the end of this year. They will connect to the new 345-kV Western Spirit transmission line, which will have a length of 150 miles (241 km) and will interconnect directly into the Public Service Company of New Mexico system (PNM). Upon commissioning, the line will become ownership of PNM.
Currently, Pattern Energy has over 4,500 MW of wind projects in operation or development in the state of New Mexico. These schemes require investments of over USD 9.5 billion (EUR 7.7bn). For Western Spirit, in particular, tax equity financing was provided by GE Energy Financial Services.
(USD 1.0 = EUR 0.815)