EnXco signs power purchase agreement with KCP&L for wind energy facility

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6 January 2012, LPG

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EnXco will develop, build, and own the Spearville 3 Wind Project, consisting of 63 General Electric (GE) XLE turbines, while KCP&L will buy the power generated under a 20-year power purchase agreement. The project anticipates the commencement of construction in late Q1 2012 with expected commercial operation achieved by the end of December 2012.

"The project's proximity to other enXco developed wind facilities, along with near-term constructability and advanced development status, allows both development and transmission synergies," said Tristan Grimbert, president & CEO of enXco. "We look forward to once again delivering a successful project to our utility partner who has demonstrated both trust and confidence in the EDF EN Group to deliver wind projects and diversify their generation portfolio."

"In this region of the country, wind is an abundant renewable resource. We believe that pursuing wind energy development at this time will bring the benefits of that resource to our customers," said Terry Bassham, president and COO of KCP&L.

Source: Datamonitor

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