Chevelon Butte Wind Farm
Arizona Public Service purchases the output of the Chevelon Butte wind farm under a 20-year power purchase agreement; AES developed, owns and operates the project.
238.2MW
Capacity
Wind
Technology
AZ
Location
Deal Details
- Deal Type
- Utility PPA
- Seller / Sponsor
- AES Corporation
- Buyer / Financier
- Arizona Public Service
- Offtaker
- Arizona Public Service
- Deal Value
- Undisclosed
- Stage
- operating
Related Deals
sPower — largest US independent utility-scale solar IPP (1.3 GW operating + 10 GW pipeline; 75+ utility-scale solar/wind projects in 11 states)
Fir Tree Partners → AES Corporation + Alberta Investment Management Corporation (AIMCo) — 50/50 JV
$1.6B ($853M cash + $724M assumed non-recourse debt)
AES Clean Energy formation — sPower 1.3 GW operating + 12 GW pipeline merged with AES US clean energy
AES Corporation (75% future) + AIMCo (25% future)
13,300 MW
AES community solar portfolio — 215 MWdc / ~30 projects in NY, MA, IL
AES Corporation → Silicon Valley Bank (lead), KeyBank, Nomura
$301M
Chevelon Butte Phase 2
AES → Arizona Public Service
216 MW
Babbitt Ranch Energy Center
NextEra Energy Resources → Salt River Project
163 MW
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.