Tradition Brokers REC Deals From Two Wind Farms

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Tradition, an interdealer broker, has brokered two renewable energy certificate (REC) deals with Pacific Winds Inc. subsidiary Idaho Winds LLC, a wind farm developer, regarding the 22 MW Sawtooth Wind Project, located in Elmore County, Idaho.

The first deal is with 3Degrees, an environmental commodities sales, trading and advisory firm, to purchase the RECs generated by the Sawtooth Wind Project between this year and 2014. The second deal is with Seattle City Light, Seattle's publicly owned electric utility, to purchase the Sawtooth Wind Project's RECs generated between 2015 and 2029.

SOURCE: Tradition

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