Having an interconnection agreement in place that doesn’t require transmission line upgrades is key to meeting the federal tax credit deadlines that are creeping up on the wind industry.
West Des Moines, Iowa (PRWEB) September 01, 2011
RPM Access announced the execution of two long term power purchase agreements (PPA) with creditworthy market parties for its 36 MW Hawkeye and 50 MW Rippey projects. The Hawkeye project located in Fayette County, Iowa and the Rippey project located in Greene County Iowa will start construction by the end of this year in order establish commercial operation during the fall of 2012. The PPA counterparties will identify themselves and issue press releases this fall.
In addition, RPM Access announced that over the last four weeks it has executed five interconnection agreements with the Midwest ISO and Southwest Power Pool that will enable RPM Access to interconnect 450 MW of wind power capacity before the end of 2012.
“Having an interconnection agreement in place that doesn’t require transmission line upgrades is key to meeting the federal tax credit deadlines that are creeping up on the wind industry, and we’re pleased it has all worked out with the various transmission owners and operators to make sure all five interconnection facilities are built in time”, said Stephen Dryden, principal of RPM Access. Dryden also stated, “More importantly, we are very excited to be able to construct, own and operate another two wind farms for next year and add them to our very first owned wind project, the Elk Wind Farm, which is currently under construction and expected to go on-line this fall”.
About RPM Access LLC
RPM Access, headquartered in West Des Moines, Iowa, is an independent developer, owner and operator of wind projects with its main focus on the development of high quality wind farms in the Midwest. Over the last ten years RPM Access developed and built 530 megawatts of operating wind farms located in Iowa. For more information: http://www.rpmaccess.com