Vancouver, British Columbia-based Alterra Power Corp. has inked several project contracts at Flat Top, a 200 MW wind development project in central Texas.
Contracts executed within the last week include as follows:
- A turbine supply agreement with Vestas to supply 100 V110-2.0 MW wind turbines;
- A 10-year service and maintenance agreement with Vestas, which provides similar services at Alterra’s Dokie wind farm; and
- A construction services agreement with Blattner Energy Inc., a contractor that built the nearby Logan’s Gap wind farm.
Alterra is also currently negotiating a power hedge as Flat Top’s primary revenue contract.
“The execution of these contracts positions us well to finance Flat Top and enter the primary construction phase later this year,” comments Paul Rapp, Alterra’s vice president of wind. “We look forward to working with Vestas and Blattner as strong partners to ensure the project comes online successfully in the first half of 2018.”
