Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

United States

United States

Mainstream sells 225MW US project

UNITED STATES: Irish developer Mainstream Renewable Power has sold a 225MW wind project in Illinois to Minnesota-based developer Geronimo Energy.

Suzlon's S88 2.1MW turbine is featured on the nearby Walnut Ridge project
Suzlon's S88 2.1MW turbine is featured on the nearby Walnut Ridge project

Proposed by Mainstream in 2009, the Green River wind farm is spread across 55 square-kilkometres of flat agricultural land with "competitive" wind speeds. Construction work at the site is yet to begin.

While the acquisition was only announced this week, it was concluded in December. Geronimo says is has "taken steps to qualify Green River under the production tax credit (PTC)", which expired at the end of 2013, and believes that the development will be eligible.

Geronimo Energy is already at an "advanced stage" in developing the 210MW Walnut Ridge project, which is adjacent to the Green River project. The company said it also believes this project will qualify for the PTC.

Geronimo president Blake Nixon said that buying the adjacent project will give the company greater flexibility and scalability when negotiating with power purchasers.

A turbine supplier is yet to be announced for the Green River project, but Walnut Ridge features Suzlon's S88 2.1MW turbines.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Windpower Monthly Events

Search more than 4,500 companies in the Windpower Directory

Latest Jobs

[DAYS_LEFT] DAYS Subscribe Now

Left of your Windpower Monthly free trial

Your free trial Subscribe Now

to Windpower Monthly has expired