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PPAClosedJanuary 25, 2012

High Majestic Wind II — 79.6 MW, Carson & Potter Counties TX Panhandle

FERC Form 1 FY2024 Schedule 326 row 9: 'Majestic Wind Farm (3)' — Footnote (3)=Cogeneration tag. Reported 674,808 MWh purchased / $29,774,802 total settlement → $44.12/MWh implied. Original SWEPCO PPA with Majestic Wind Power LLC (Babcock & Brown sub) for original Majestic Wind announced Jan 2009; in Jan 2012 SWEPCO contracted with NextEra for additional 79.6 MW build-out from High Majestic Wind II in Carson/Potter Counties TX Panhandle (SPP-Texas). 20-year base term, COD late 2012. Texas-panhandle wind technically located within ERCOT state geography but project interconnects to Southwest Power Pool. The higher implied rate vs. Canadian Hills/Flat Ridge 2 may reflect inclusion of REC value and capacity charges. Disclosed PPA strike price reported in primary source. Discovered via DealFlow research sweep (agent: ercot-ferc-form1).

Deal Value

79.6MW

Capacity

Wind

Technology

TX

Location

Deal Details

Deal Type
Corporate PPA
Seller / Sponsor
NextEra Energy Resources (project SPV: High Majestic Wind II)
Buyer / Financier
SWEPCO
Offtaker
SWEPCO
Stage
Operating
ISO/RTO
SPP

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