Affinity Wind Closes Joint Venture Agreement with wind power Suzlon

Through the joint venture entity, which is called Surity Wind, LLC, Suzlon will co-develop with Affinity Wind its 150 MW wind farm located in Illinois, as well as similar joint development of future Affinity Wind projects. Suzlon will also be responsible for wind turbines supply to this first wind farm, and potential future wind power projects. 

Utilizing the latest Jobs and Economic Development Impact (JEDI) model available from the National Renewable Energy Laboratory, the 150 MW Illinois wind energy project will create the following economic benefits:

-Over $44 million of local spending would occur during construction, plus another $3 million annually once operational.

-Annual property taxes of over $1 million would be generated, along with several hundred thousand dollars in yearly lease payments to landowners.

-Direct spending and property tax assessment for the typical 30+ year life of plant alone account for over $175 million.

-During construction, there would be approximately 600 total jobs created