PPM Energy Sells Entire Wind Output Before Breaking Ground

Iberdrola Renewables’ U.S. energy business, PPM Energy, announced it has sold all the output of its 99-megawatt (MW) Pebble Springs Wind Power Project before breaking ground.

The Pebble Springs project, located in Gilliam County, Oregon, near the town of Arlington, is expected to go into construction in the spring of 2008. With this project, PPM’s Pacific Northwest wind portfolio will grow to more than 1,000 megawatts serving customers in Oregon, Washington and California, the company said.

"We are delighted to start work on another project to provide clean, renewable energy to our repeat customers," said Terry Hudgens, CEO of PPM Energy. "With this transaction, PPM will now provide approximately 230 MW to Southern California Public Power Authority (SCPPA) members from wind farms in California, Wyoming and now Oregon."

According to a company release, the Los Angeles City Council in December approved a long-term power purchase agreement, developed between SCPPA, of which the Los Angeles Department of Water and Power (LADWP) is the largest member, and Pebble Springs Wind, LLC, a wholly owned subsidiary of PPM Energy.

SCPPA member agencies, including LADWP and the cities of Burbank and Glendale, will receive the entire energy output of the new wind farm, PPM Energy said. LADWP will receive 68.7 MW, and the cities of Burbank and Glendale will be entitled to 10 MW and 20 MW, respectively.

About PPM Energy 

PPM Energy, headquartered in Portland, Oregon, is one of North America’s leading wind power providers with more than 2,000 MW of wind power in operation. PPM is part of Iberdrola Renewables, one of the leading wind energy providers in the world, with more than 7,000 MW of wind power online worldwide and with a pipeline of more than 41,000 MW of wind power.

 

Website: http://www.ppmenergy.com/     
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