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The SunZia Wind Project,:
the largest wind farm in the United States, is slated to begin commercial operations this month.
The wind farm, located in New Mexico, has a total net summer generating capacity of 3,650 megawatts (MW) and is composed of 916 wind turbines. SunZia’s capacity is more than three times larger than the next two largest wind farms, Alta Wind in Southern California (1,098 MW) and Great Prairie in northern Texas (1,027 MW). The SunZia Wind Project works with a high voltage transmission line to deliver the wind power generated to Arizona and California.
Most of the electricity generated at SunZia will be exported to Arizona and to Southern California. To be able to export the power generated by this project, Pattern Energy also built the SunZia Transmission Project—a 550-mile high voltage direct current transmission line that goes from the SunZia Wind Project site in central New Mexico to south-central Arizona. Of the SunZia transmission line’s 3,021 MW of power capacity, 2,131 MW will be delivered and consumed in Southern California via the Palo Verde Sub-station. _________________________________________________________________ MEGA PROJECTS WANTED, $20,000,000. to $500 BILLION & Shovel Ready!!
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In all cases, the Promoter must cover the running costs prior to obtaining a construction permit. These costs will be considered the contribution of the Promoter to the Project. The cost of land or obtaining rights to it is also paid by the Promoter.
It is supposed to study which option is most convenient for the Promoter in each case.
3. A flexible combination of Bank Financing and contributions from Financial Investors is proposed for the period of construction and at least 15 years of operation of the facility, replacing the traditional Project Financing.
SPV will be created only for the construction of the project in which the loan guarantor will have a majority stake only during the construction period. The necessary credit will be insured by external guarantees in such a way that the Promoters Bank will have no problem in financing the construction.
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