Eolus to sell 46.5 MW Wind wall 1 to Cubico Sustainable
Eolus has signed an agreement with Cubico Sustainable Investments (Cubico) regarding the sale of the wind farm Wind Wall 1 located near Tehachapi, California, USA, with an installed capacity of 46.5 MW.
Wind Wall 1 is the first wind project developed, financed, and constructed in USA by Eolus, and Eolus will transfer the project company to Cubico at closing.
The project is supported by a 15-year power purchase agreement with Amazon and with construction financing arranged by Eolus. Construction is well advanced, and Wind Wall 1 is expected to be commissioned during fall of 2020.
Wind Wall 1 will consist of 13 wind turbines of the model Vestas V126, with a total installed capacity of 46.5 MW.
As part of the agreement with Cubico, Eolus has been entrusted to provide technical, operational, and administrative services for the wind farm to maximize outcome and production from the facility.
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