Enel Green Power has started operating the 200-megawatt Goodwell wind farm located in Texas County, Oklahoma.
The wind farm, which is owned by Goodwell Wind Project, a subsidiary of Enel Green Power North America,cost US$310 million to build. In July 2014, EGPNA signed a capital contribution agreement with a consortium led by J.P. Morgan thus securing partial financing for the project. The project is supported by a 20-year power purchase agreement.
“Oklahoma is one of the best places in the world for wind resources,” said Francesco Venturini, CEO and General Manager of Enel Green Power. “The Goodwell facility is the fifth wind farm that EGP has brought into operation since entering the Oklahoma market in 2012. The project underscores EGP’s ongoing investment in the state and in the U.S. renewable energy market. We are rapidly progressing on our capacity expansion targets coupled with community initiatives including infrastructure and education to ensure that we deliver truly sustainable development in every region in which we are present.”