Thousands of participants at the Trimont Chocolate Festival were on hand to dedicate the Elm Creek Wind Power Project on July 11.
Iberdrola Renewables is the builder and operator of the project, which consists of 66 wind turbines. The project encompasses about 9,500 acres of land leased from 56 local landowners, who continue to use the land for corn and soybean farming.
In return for performing much of the up-front development work, participating farmers receive both lease payments and revenue participation. This amounts to about $1.5 million every year, distributed among the landowners of the Trimont and Elm Creek projects.
Meanwhile, the two projects pay property taxes to Jackson and Martin counties ranging from $700,000 to $800,000 every year.
‘The Elm Creek Wind Power Project is an important source of revenue to our farmers, whose land contains the wind turbines, and also for Jackson County, which will receive more than $500,000 annually in additional property tax revenues,’ said Congressman Tim Walz.
Great River Energy purchases all of the output from both the Trimont and Elm Creek projects to serve the energy needs of its 28 member cooperatives.
Iberdrola Renewables currently is in the permitting process with the hope of building the 150 MW Elm Creek 2 project in 2010 or 2011.
SOURCE: Iberdrola Renewables