Red Cloud Wind
The Red Cloud Wind project sells output to the Southern California Public Power Authority under a 20-year PPA priced at $43.00 per MWh, with SCPPA reselling the energy to LADWP.
350MW
Capacity
Wind
Technology
NM
Location
Deal Details
- Deal Type
- Wholesale PPA
- Seller / Sponsor
- Pattern Energy
- Buyer / Financier
- Southern California Public Power Authority
- Deal Value
- Undisclosed
- Stage
- operating
- ISO/RTO
- WECC
Related Deals
Pattern Energy — 28 wind+solar parks, 4.4 GW operating in US + Canada + Japan; Pattern Development 4+ GW track record
Pattern Energy Group Inc. (NASDAQ: PEGI public shareholders) → Canada Pension Plan Investment Board (CPPIB) + Riverstone Holdings (Pattern Development combination)
$6.1B EV ($26.75/share all-cash)
Pattern Energy — 28 wind+solar parks, 4.4 GW operating in US + Canada + Japan
Pattern Energy public shareholders → Canada Pension Plan Investment Board (CPPIB)
$6.1B EV / $26.75 per share all-cash
Western Spirit Wind — 1,050+ MW (4 wind sites: Red Cloud, Duran Mesa, Clines Corners, Tecolote) + 150-mile 345kV transmission line in NM
Pattern Energy Group LP → GE Energy Financial Services (tax equity); RETA (transmission)
Undisclosed (transmission ~$285M)
Casa Mesa Wind — 50 MW onshore wind, New Mexico
PNM (Public Service Co. of New Mexico) → Meta (Facebook)
La Joya Wind — 166 MW onshore wind, New Mexico
PNM → Meta (Facebook)
Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.
Lincoln Clean Energy (acquired by Ørsted Aug 2018) → Amazon
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.