Iberdrola Renewables Announces Permit Application For North Carolina Wind Power Project

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Iberdrola Renewables Inc. has filed an application with the North Carolina Utilities Commission as the first step toward the development of a wind energy project it is considering in Pasquotank and Perquimans counties in the northeastern part of North Carolina.

If built, the Desert Wind Power Project – named for the flat, agricultural region in the area – would be located on approximately 20,000 acres of private land near Elizabeth City. The company is considering developing a 300 MW project.

Iberdrola Renewables has been working with the communities, landowners, and multiple state and federal agencies, and conducting various studies on the potential project since 2009. The filing represents the first step of many regulatory reviews that must be completed before Iberdrola Renewables makes a final decision on the project, which could begin construction later this year.

Construction would be expected to create over 400 jobs, payments to local landowners could approach $1 million per year for the life of the project, and additional property tax revenue would result from the project's operation.

SOURCE: Iberdrola Renewables Inc.

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