Press Releases
10/31/2019
PPM AND ENXCO ANNOUNCE 150 MW SHILOH WIND PROJECT
PPM AND ENXCO ANNOUNCE 150 MW SHILOH WIND PROJECT
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May 23, 2005
PORTLAND, Ore. – PPM Energy, the U.S. competitive subsidiary of ScottishPower, today announced it will build a new 150 megawatt (MW) wind farm in northern California. The project is expected to be commercially operational in 2005, subject to completion of certain transmission and related power sale arrangements.
PPM acquired the fully permitted Shiloh Wind Project in Solano County from enXco, an affiliate of EDF Energies Nouvelles of France. The capital invested in this project is expected to be approximately $235 million. Shiloh is strategically located between major customer centers in San Francisco and Sacramento, and near the operating 162 MW High Winds Energy Center, from which PPM buys all the output for supply to wholesale customers.
Currently under negotiation, the energy from the Shiloh project is expected to be sold under long-term agreements. PPM balances its supply portfolio with sales to wholesale customers, with approximately 90 percent of the company’s existing wind resource sold under long-term contracts.
“PPM is delighted to be leading a strong wind industry in 2005. We are in this position due to strong customer demand and competitive energy pricing aided by a federal Production Tax Credit,” said Terry Hudgens, chief executive officer of PPM. “We encourage Congress to extend the tax credit through legislation that ensures that wind energy is competitive against hydrocarbon energy receiving substantial tax benefits.”
“enXco has been devoted to make this wind project right for the community in Northern California since it began development on the project in 2002. We are delighted to take this one step further in our relationship with PPM and add 150 MW of capacity to the long enXco development achievement list,” said David Corchia, chief executive officer of enXco.
enXco develops, constructs, operates and manages wind energy projects throughout the United States. The company owns a total of 298 MW of wind-energy installations in the United States. It is also one of the largest O&M providers for wind farms, currently servicing more than 4,000 turbines and more than 1,000 MW. Since 2002, enXco has been an affiliate of EDF Energies Nouvelles.
EDF Energies Nouvelles is the renewable arm of EDF Group and is 50% owned by EDF (France). With a primary focus on wind energy, EDF Energies Nouvelles is also active in mini-hydro, solar and biomass. It has built up leading positions in the European Union and the United States with 800 MW in operation and 400 MW under construction in 2005.
PPM currently controls approximately 830 MW of wind power in seven states. When combined with previously announced projects, Shiloh’s 150 MWs brings PPM’s total new wind projects under construction to 574 MW in 2005. This will put a total of approximately 1,400 MW of wind energy under PPM’s control, well on target toward the company’s goal of bringing online 2,300 MW of wind power by 2010.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
