Alterra Power Corp. has acquired Jawbone, a 40-MW wind development project in Kern County, California, which is fully zoned for wind generation.
Following a collaborative effort that began over a year ago, Alterra acquired the project from Jawbone Wind Energy which is principally owned by Philip and Daniel Rudnick. The two will continue to work with Alterra to complete development of the project.
“We’re extremely pleased to acquire Jawbone, representing one of the few viable opportunities to build new wind generation in California,” says John Carson, Alterra’s CEO. “We expect to contract the facility over the next 12 months and begin delivering power in 2020. Our thanks go to the Rudnicks for entrusting their project to Alterra.”
Alterra started construction of the project’s main power transformer in 2016 and expects the wind farm to qualify for federal production tax credits (PTCs) at the full rate.
Filed Under: News, Projects