National Wind has launched its patent-pending Windfrastructure Partner Program. Windfrastructure enables large power users to purchase renewable energy in a financially neutral manner.
Windfrastructure incorporates several key elements, including promoting sustainability and creating a new source of renewable energy. In addition, the program is traceable, brandable and financially neutral.
Windfrastructure provides its partners with an economic interest in a new community wind project in exchange for buying electricity from the new project. Participating in Windfrastructure is income-statement-neutral, because the additional cost of buying renewable energy is offset by the economic interest the participant receives in the wind farm, according to National Wind. \
‘The receipt of the economic interest in a new wind farm makes Windfrastructure an attractive alternative to purchasing [renewable energy certificates] or purchasing green power through a utility,’ says Robert Martorano, managing director of Deutsche Bank's asset finance and leasing group.
Different types of large power users may become Windfrastructure partners at varying levels of participation.
The U.S. Environmental Protection Agency's Green Power Partnership will host an informational webinar on Windfrastructure and community wind projects. The webinar will be held on July 29 from 1 p.m. to 2:15 p.m. More information about the webinar can be found online at epa.gov.
SOURCE: National Wind