Rome - Boston, April 2nd, 2012 - Enel Green Power (EGP) announced the closing of an
equity partnership agreement between EFS Chisholm, LLC, a subsidiary of GE Capital and
its US subsidiary Enel Green Power North America, Inc. (EGP-NA) for the development of
the Chisholm View wind project located in Oklahoma.
The project, which requires a total equity investment of approximately 375 million US
dollars, will have a total installed capacity of 235.2 MW and is supported by a long term
power purchase agreement (PPA).
Under the terms of the agreement, EFS Chisholm, will invest approximately 191 million
US dollars for a 51% stake in the project whereas EGP-NA will contribute with
approximately 184 million US dollars for a 49% stake.
EGP-NA has an option to further increase its stake up to a further 26% of EFS Chisholm
equity on specific dates in 2012 and 2013.
The agreement is guaranteed by its Parent company Enel Green Power.