in News Departments > Projects & Contracts
print the content item

GL Garrad Hassan says it provided engineering services to Pattern Energy that helped the developer secure construction loan financing for its Ocotillo Wind Power Project.

The 265 MW wind farm will consist of 112 Siemens 2.3 MW turbines with 108-meter rotors and will be located almost entirely on Bureau of Land Management land in California's Imperial Valley. Ninety-five of the wind turbines are expected to be operational by year-end.

Ocotillo Wind is the first wind project to deliver renewable energy over the newly constructed Sunrise Powerlink transmission line under a 20-year contract with San Diego Gas and Electric.

GL Garrad Hassan provided independent engineering technical due-diligence services for the project on behalf of Deutsche Bank, as joint bookrunner, co-structuring bank and administrative agent; RBC Capital Markets, as joint bookrunner and co-structuring bank; and a lending group that includes the North American Development Bank, the Royal Bank of Scotland, Societe Generale, NORD/LB and KeyBank.

Experts from GL Garrad Hassan conducted a full technical due-diligence review in support of the construction loan financing that closed in October. GL Garrad Hassan will also provide construction monitoring services and technical support.

The independent technical due-diligence review conducted by GL Garrad Hassan included technical assessment of the site suitability, the plant, the equipment, and all of the material procurement, construction and operation contracts. In addition, its experts analyzed project construction costs, projected operating expenses and other technical inputs to the project's financial model.



Trachte Inc._id1770
Latest Top Stories

The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.


Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.

Renewable NRG_id1934
Canwea_id1984
Future Energy_id2008
UnitedEquip_id1995