NTR’s Wind Capital Group Signs PPA to Provide 150 MW of Electricity from Oklahoma Project
July 21 2011
Dublin, 21st July 2011: NTR plc, the international renewable energy group, today announces that its wind business, Wind Capital Group, has signed a power purchase agreement (PPA) to provide 150 megawatts of electricity from its Osage County Wind Energy Facility in Oklahoma to Missouri-based Associated Electric Cooperative Inc.
“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 Group Chief Executive Officer. “With over 350 megawatts in power purchase agreements and an aggressive twelve month build schedule, Wind Capital Group is taking another significant step toward being one of the leading wind developers in the United States.”
“This is the fifth project we’ve worked on with Wind Capital. They continue to bring us projects that make economic sense for co-op consumers who expect reliable, affordable electricity,” said Nancy Southworth, Associated Electric Manager of Corporate Communications.
Wind Capital Group will own and operate the Osage County Wind Energy Facility when it comes online in 2012.
Notes to Editors
About NTR plc
NTR plc, the international renewable energy group, builds and runs green energy and resource-sustaining businesses. Founded in 1978, NTR has evolved from being a developer and operator of infrastructure in Ireland to an international developer and operator of renewable energy and sustainable waste management businesses in the USA and Ireland. The Group employs over 2,000 people. www.ntrplc.com
About Wind Capital Group
Formed in 2005, Wind Capital Group is an American company committed to harnessing a clean, renewable source of energy - creating jobs, generating economic opportunity and building a strong foundation for domestic energy independence. Wind Capital Group’s model is built on forming responsible partnerships with the communities in which we operate and providing long-term value for our investors. Currently, Wind Capital Group is developing utility-scale wind farm projects across the U.S. and has offices in St. Louis, Missouri; Madison, Wisconsin; and Chicago, Illinois. For more information about Wind Capital Group, visit www.windcapitalgroup.com.
About Associated Electric Cooperative Inc.
Associated Electric Cooperative Inc. is owned by and provides wholesale power to six regional and 51 local electric cooperative systems in Missouri, southeast Iowa and northeast Oklahoma that serve more than 875,000 customers. AECI is a Touchstone Energy Cooperative.
NTR plc Media Enquiries
Heneghan PR, Nigel Heneghan / Eve Noone: Tel + 353 1 660 7395