Pattern Energy Group's 200 MW Logan's Gap Wind facility, located in Comanche County, Texas, has completed construction and is fully operational.
According to Pattern, the facility will sell 75% of the electricity produced to Walmart and a financial institution. Walmart has a 10-year power purchase agreement to acquire 58% of the expected output from the facility. Further, 17% of the expected output will be sold under a 13-year fixed-price agreement with an A-/Baa2-rated financial institution. The remaining 25% of expected output will be sold at spot market prices via the Electric Reliability Council of Texas (ERCOT).
Pattern Energy has an owned interest of 164 MW in the facility, and four institutional tax equity investors have acquired the balance. The facility is financed with all equity rather than project debt.
An average of 250 workers were on-site during construction, with up to 550 workers on-site during peak activity, notes Pattern. There are 12 full-time permanent workers to operate and maintain the facility. Consisting of 87 Siemens 2.3 MW wind turbines, with a total capacity of 200 MW, Logan's Gap Wind will create enough clean energy to power 50,000 homes in Texas each year, according to average annual residential energy use data from the U.S. Energy Information Administration.
Located in ERCOT's North Zone, the Logan's Gap Wind facility connects to Oncor's 138 kV Comanche-Zephyr line, which crosses the facility site and supplies power to the Dallas-Fort Worth area.
Pattern Energy acquired the Logan's Gap Wind facility from Pattern Development in December 2014.Â