Alstom Power is slated to supply 4 ECO110 and 25 ECO122 wind turbines and provide 10 years of service and maintenance for the 80-MW Fiber Winds Energy project near Lorenzo and Ralls, Texas. The agreement, which came in December, secures a “safe harbor” position on the Production Tax Credit (PTC) for Fiber Winds Energy.
Construction is expected to begin in mid-2014, with commercial operations scheduled for 2015. Tri Global Energy recently acquired ownership of Fiber Winds Energy and intends to be the plant operator, providing local employment and services.
“During the first 30 years, Fiber Winds Energy is expected to pay $39 million in wind royalties to local landowners and community investors. It is also projected to pay $15 million in local school, county, and hospital taxes during this same period,” said John B. Billingsley, CEO of Tri Global Energy.
Andy Geissbuehler, Head of Alstom’s North American Wind Business said, “The Fiber Winds contract is a sign of continued progress and demonstrates our commitment to the U.S. wind market. We look forward to working with Tri Global Energy to build successful projects that increase U.S. energy production capacity through clean, proven wind power, as demonstrated by the Fiber Winds project, which will reduce carbon emissions by 248,400 metric tons per year.”
Tri Global Energy
Filed Under: Construction, News, Projects, Turbines