The Cimarron Wind Energy Project is a 165MW wind powered generating facility in Gray County, Kansas. The facility is being developed by CPV Renewable Energy Company, LLC and is producing the electricity for the Tennessee Valley Authority (TVA).
The wind facility consists of 72 Siemens 2.3 megawatt turbines and they will supply TVA customers with renewable energy under a 20-year power purchase agreement.
Construction of the project began in December 2011 and financing for the construction was completed in January 2012 with the senior credit facilities provided by Bank of Tokyo Mitsubishi UFJ and Union Bank of California who acted as Coordinating Lead Arrangers and they were joined by Helaba, Siemens Financial Services and Lloyds as the Mandated Lead Arrangers for the $262.8 million.
The project will be sited on around 13,883 acres of private land under Easement Agreement with CPV and will interconnect to the Southwest Power Pool electric grid via the existing on-site 345-kilovolt Sunflower Electric Power Corporation transmission line that traverses the area.
“CPV is pleased to once again bring clean renewable wind powered generation to southwest Kansas,” said Sean Finnerty, CPV REC Sr. Vice President. “The Cimarron project adds to CPV’s growing asset base and will provide low cost, reliable wind generation to the Tennessee Valley Authority for years to come.”
Commercial operation for the project is expected to be achieved by November 2012.
Other Major Kansas Wind Energy Facilities