Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • U.S. offshore wind projects
    • Digital issues
    • Podcasts
    • Suppliers
    • Wind Power Videos
    • Wind Power Events
  • Webinars
  • Videos
  • Subscribe
    • Enewsletter Subscription
    • Magazine Subscription
  • About Us
  • 2022 Leadership in Wind
    • 2021 Winners
    • 2020 Winners
    • 2019 Winners

Alterra Power and Starwood Energy begin operations at the Shannon Wind Project in Texas

By Michelle Froese | December 15, 2015

The Shannon Wind Power Project will generate enough energy for approximately 61,000 households. (Credit: Mortenson Construction)

The Shannon Wind Power Project will generate enough energy for approximately 61,000 households. (Source: Mortenson Construction)

Alterra Power and Starwood Energy Group Global have officially begun commercial operations and funding of tax equity for the 204-MW Shannon Wind Project.

This project is located in Clay County, Texas and was constructed under an EPC contract with Mortenson Construction‘s Wind Energy Group. General Electric Company will provide O&M services for the turbines under a long-term contract, and also supplied 119 wind turbines for the wind farm. The turbines have a 1.71-MW output and a 103-m rotor diameter.

The majority of the project’s output will be sold under a 13-year contract with Citi. Alterra and Starwood Energy own the sponsor interests in the project under a 50/50 affiliate partnership.

Concurrent with commercial operations, subsidiaries of Citi and BHE Renewables have completed a tax-equity investment of U.S.$219 million into the project of which proceeds were used primarily to retire the project’s construction loan facility.

“We’re excited that the Shannon project is now operating at full capacity, delivering clean power in Texas,” said Jon Schintler, VP of Project Finance at Alterra. “I’d also like to thank Mortenson, GE and all of our teams for helping deliver this project on time and on budget, and welcome our new partners in the project, Citi and BHE Renewables.”

“The completion of Shannon represents an important milestone for Starwood’s growing wind franchise.  We are grateful to have an excellent partner in Alterra and look forward to continued success for this project,” added Alex Daberko, Vice President of Starwood Energy.

About Alterra Power Corp.
www.alterrapower.ca


Filed Under: Construction, News, Projects
Tagged With: alterra, construction, energy, Mortenson, project, shannon, wind
 

About The Author

Michelle Froese

Tell Us What You Think!

Related Articles Read More >

GE unveils 3-MW onshore turbine built for North American market
TotalEnergies developing 1-GW offshore wind farm off Carolina coast
NRG Systems adopts ZX Lidars’ latest wind profile measurement tool
Acciona celebrates 10 years of operation at Oklahoma’s Dempsey Ridge Wind Farm

Podcasts

Wind Spotlight Interview: RAD Torque Systems
See More >

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Windpower Engineering & Development
  • Wind Articles
  • Solar Power World
  • Battery Power Tips
  • Subscribe to Windpower Engineering
  • Advertising
  • About Us/Contact Us

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • U.S. offshore wind projects
    • Digital issues
    • Podcasts
    • Suppliers
    • Wind Power Videos
    • Wind Power Events
  • Webinars
  • Videos
  • Subscribe
    • Enewsletter Subscription
    • Magazine Subscription
  • About Us
  • 2022 Leadership in Wind
    • 2021 Winners
    • 2020 Winners
    • 2019 Winners