enXco and Gamesa Announce Operation of the 38 MW Chestnut Flats Wind Farm

Gamesa Technology Corp. and enXco, an EDF Energies Nouvelles Company, today announced that the 38 megawatt Chestnut Flats Wind Farm, located northwest of Altoona, Pennsylvania in Blair County, achieved commercial operation on December 29, 2011.

The project features 18 G90-2.0 MW and one G87-2.0 MW Gamesa wind turbines. Developed and built by Gamesa Energy USA, LLC, Chestnut Flats will deliver carbon-free electricity to the regional transmission system for the benefit of Delmarva Power & Light Company’s generation portfolio pursuant to a 20-year Power Purchase Agreement.

Chestnut Flats is the third wind farm Gamesa has developed and put into operation in Pennsylvania: ‘This project showcases Gamesa’s leadership in helping to build a clean energy future while providing opportunities for local economies and value to our customers,’ said Jiddu Tapia, Gamesa’s Chief Development Officer for North America.

Tristan Grimbert, President & CEO of enXco, stated, ‘Chestnut Flats complements our growing generation portfolio of over 1.2 GWs with this, our first operating windenergy  asset in Pennsylvania. We look forward to developing a long-term relationship with the landowners and local community. We further are pleased to be working with Delmarva, delivering renewable energy to their northeast customer base.’

‘enXco is committed to owning and operating an excellent energy resource that contributes renewable energy to thousands of local customers,’ said Rich Jigarjian, Vice President of Generation for enXco.

enXco acquired 100 percent of the equity interest in Chestnut Flats Wind LLC, as well as all project assets owned by the special purpose company, upon closing on December 28th.

As part of the sale agreement, Gamesa also will provide comprehensive operation and maintenance services for the turbines for five years. WestLB acted as the exclusive financial advisor to Gamesa on the sale of Chestnut Flats Wind LLC.

enXco, an EDF Energies Nouvelles Company, develops, constructs, owns, operates and manages renewable energy projects throughout the United States. For more than two decades, we have been a leader in wind energy focusing on large-scale wind projects. Today enXco’s portfolio includes solar power and biomass technologies, in an effort to help drive our nation’s transition to a sustainable energy economy. enXco is a significant owner and developer of wind-energy installations in the United States, and is the leading third-party operations & maintenance provider for wind farms in North America.

Gamesa Technology Corp., Inc., a global leader in the design and manufacture of wind turbines and the development, construction and sale of wind farms, has installed more than 23,000 MW in 30 countries on four continents. Gamesa entered the North American market in 2005 and has two manufacturing plants, a nacelle plant and a blades facility, both in Pennsylvania. In 2010, Gamesa ranked No. 3 in the United States for total wind power installations, according to the American Wind Energy Association. Gamesa also exports its U.S.-manufactured turbines to North and Central American countries and was the recipient of the U.S. Export-Import Bank’s ‘Renewable Energy Exporter of the Year’ award in 2011.