The Project will increase installed capacity of renewable energy resources, which will reduce the demand for traditional fossil fuelbased energy production and contribute to the displacement of greenhouse gas emissions and other pollutants from power generation by fossil fuels.
The project consists of the design, construction and operation of a 149.34-MW wind energy farm located in Val Verde County, Texas (the “Project”). The energy generated will be purchased by two private offtakers pursuant to two long-term power purchase agreements (PPAs) executed with the special-purpose company created to carry out the Project.
The estimated environmental and human health outcomes resulting from the installation of 149.34 MW of new renewable energy generation capacity:
a) Generation of approximately 569.7 gigawatt-hours (GWh) of electricity; and
b) An expected displacement of approximately 330,805 metric tons/year of carbon dioxide, 414 metric tons/year of sulfur dioxide and 259 metric tons/year of nitrogen oxides.
|Total Project Cost||Reserved|
US 32.69M - NADBank Loan