RedWind Consulting Sells South Dakota Wind Farm To CED

Posted by Lauren Tyler on May 12, 2016 No Comments
Categories : Projects & Contracts

Renewable energy consulting firm RedWind Consulting says it has finished the sale and closing of the Campbell County Wind Farm (CCWF) in northeast South Dakota to Consolidated Edison Development (CED).

According to RedWind, the approximately 94 MW wind farm consists of 55 GE 1.7 MW wind turbines and will generate approximately 429,000 MWh of power annually, enough electricity to power 25,000 homes.

The project was sold to CED in June 2015, and all conditions subsequent to closing were recently satisfied. The company says CCWF achieved commercial operation in December 2015.

The developers, Fagen Inc. and Dakota Plains Energy, contracted RedWind to act as the exclusive financial advisor for the sale of the project after RedWind secured and helped negotiate a 30-year power purchase agreement with Basin Electric Power Cooperative.

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