Pattern Development signs PPA with Amazon from Indiana 150 MW wind project
The 150 MW Amazon Web Services Wind Farm (Fowler Ridge) project, which is located in Benton County, Indiana, has ahieved a 13-year power purchase agreement (PPA) to supply Amazon Web Services (AWS), an Amazon.com company, with electricity.
Pattern Energy Group Inc. has also announced the addition of 116 MW of owned interest in the 150 MW Amazon Web Services Wind Farm project to its list of identified Right of First Offer (ROFO) projects from Pattern Development.
Mike Garland, President and CEO of Pattern Energy, stated:
"Pattern Energy is providing wind power to America's top corporations and looks forward to working with Amazon Web Services upon the acquisition of this exciting new project, which has been added to our growing ROFO list. In the past 18 months we have acquired four projects from Pattern Development with an aggregate owned capacity of 557 MW and have also added an additional five projects, including Amazon Web Services Wind Farm (Fowler Ridge), to the ROFO list with an aggregate capacity of 553 MW."
Jerry Hunter, Vice President of Infrastructure at Amazon Web Services, Inc.
"Our agreement on Amazon Web Services Wind Farm (Fowler Ridge) is part of our long-term commitment to achieve 100% renewable energy to power the AWS global infrastructure. With agreements like this we're increasing the amount of clean energy we consume while helping enable the construction of new renewable energy facilities."
Pattern Development expects to begin construction of the Amazon Web Services Wind Farm (Fowler Ridge) project in April and anticipates reaching commercial operation in late 2015 or early 2016. Upon completion, the project is expected to generate approximately 500,000 megawatt hours (MWh) of wind power annually - or the equivalent of that used by approximately 46,000 US homes. [1]
Pattern Development currently owns 100% of the 150 MW project and it is anticipated that Pattern Energy will acquire 120 MW of owned interest, with tax equity investors acquiring the balance. The addition of the Amazon Web Services Wind Farm (Fowler Ridge) project increases Pattern Energy's ROFO list to eight projects with a total owned capacity of 830 MW.
In December, Pattern Energy acquired the Logan's Gap Wind project, which had been part of the ROFO list, growing its portfolio to 12 operational wind power projects with a total owned interest of 1,636 MW.
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