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Snyder Wind Farm purchased
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The American subsidiary of Enel SpA of Italy has purchased the planned 63-megawatt Snyder Wind Farm from Windkraft Nord USA, a subsidiary of a German firm.
The Snyder Wind Farm will start construction in 2007 and is projected to be on line by the fourth quarter of the year, said Julie Smith Galvan, spokeswoman for Enel North America Inc.
The turbines to be erected are Vestas V90 3-megawatt wind turbine generators, Enel North America said in a news release. This will be the first time the V90 has been used in a project of this size in the United States, the company said.
The project will be about 10 miles east of Snyder, along Farm Road 1614 near the Camp Springs community, said Scurry County Judge Rod Waller.
Neither company disclosed the sale price.
The 3-megawatt turbines to be used in the project will be twice the capacity of most of the turbines in the Abilene area and three times the capacity of turbines on the existing wind project in Scurry County, the Brazos Wind Ranch north of Snyder near Fluvanna. Of the Brazos Ranch project’s 160 turbines, about 100 are in Scurry County and the others are in Borden County.
Enel is Italy’s largest power company and the third largest utility company in Europe, based on market capitalization, according to the firm’s news release.
Scurry County commissioners agreed to accept $60,000 from Enel in each of the first five years of a 10-year tax abatement to start in 2008. The second five years, the annual payment is to be $74,000, Waller said.
The payments will be in lieu of property taxes that would have been based on appraised value of the project.
By Jerry Daniel Reed / reedj@reporternews.com
Story Edited by: Assistant Managing Editor Larry Zelisko, Copy Editor Sarah Carlson
Headline Written by: Sarah Carlson
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