Quinbrook brings live 1st stage of 365-MW wind complex in Oklahoma

Quinbrook Infrastructure Partners has kicked off commercial operations at the first 200-MW stage of its Persimmon Creek wind farm in Oklahoma, it said on Tuesday.

The USD-270-million (EUR 233m) project is part of a 365-MW wind complex that Quinbrook will own together with Elawan Wind, formerly known as Gestamp Wind. The latter is the developer of the project and owns a 25% minority stake, while Quinbrook holds a 75% interest.

Construction of the wind farm was completed on time and on budget, Quinbrook noted.

The 200-MW wind park uses 73 units of GE Renewable Energy’s 2.5 MW turbines and seven units of its 2.3 MW machines that were installed in Dewey, Ellis and Woodward counties. Wanzek Construction was in charge of building the park, while General Electric (NYSE:GE) will be its initial operator under a full-service operations and maintenance (O&M) contract. Persimmon Creek’s output will be sold into the Southern Power Pool (SPP) market.

The project was financed with equity investments from Quinbrook and Elawan, as well as with tax equity investments from GE Energy Financial Services and JP Morgan. Construction debt was provided by ABN Amro, GE Energy Financial Services, Mitsubishi UFJ Financial Group Inc (TYO:8306) and Rabobank.

(USD 1.0 = EUR 0.863)

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