Eolus has signed an agreement with Cubico Sustainable Investments (Cubico) on the sale of Wind Wall 1 wind farm located near Tehachapi, California, USA, with an installed capacity of 46.5 MW.
Wind Wall 1 is the first wind project developed, financed and installed in the USA by Eolus, and Eolus will pass the project company to Cubico at the time of its closure.
The project is funded by a 15-year contract for the procurement of power with the funding of construction by Eolus. Construction is well advanced and Wind Wall 1 is scheduled to be commissioned in fall of 2020.
Wind Wall 1 will consist of 13 Vestas V126 wind turbines with a total installed capacity of 46,5 MW.
As part of the agreement with Cubico, Eolus has been entrusted with the provision of technological, operational and administrative services for the wind farm to optimize the output and productivity of the plant.
“I am pleased with the trust that Cubico puts in Eolus, to deliver a high quality asset and to manage Wind Wall 1 under long term commitments once built. We are proud to establish a new relationship with Cubico and hope to expand on this relationship in the future.”Per Witalisson, CEO Eolus.
“It is fantastic to bring new life to Wind Wall with modern large turbines, a project that earlier consisted of hundreds of Vestas V17 90kW turbines built in the mid-80s. This is an important milestone for Eolus in California and in the United States, and without our team and continued support from our partners, such as Vestas, Signal and Swedbank, it would not be possible to make this a reality.”Hans-Christian Schulze, Eolus North America country manager.