NEWKIRK – A wind farm in the Newkirk and Peckham area, set to begin construction by the end of the year, will provide $480 million to the local economy over the next 25 years, according to Dahvi Wilson, communications manager for Apex Wind Energy.
The project will include approximately 130 wind turbines that will produce 130 megawatts of power.
The wind farm area encompasses more than 12,000 total acres in the extreme northern sections of Kay County, Okla.
Wilson said the Kay Wind Farm Project will bring a significant new source of revenue and jobs to the county and local school districts:
“According to an economic impact analysis conducted by the Economic Impact Group (EIG), an independent consulting firm associated with the Meinders School of Business at Oklahoma City University, Kay Wind is expected to contribute a total of $480 million to the local economy over a 25-year period when accounting for direct and multiplier economic effects.”
The project should bring long-term economic impact to the Newkirk and Peckham school districts.
“We are very excited to have the opportunity that Apex is bringing to the community,” said Newkirk Superintendent Steve Stanley.
“Not only will there be financial gains for the community and school, but there will be a lot of learning opportunities, as well.”
Peckham Superintendent Gary Young agrees with Stanley on the project’s impact.
“Peckham Schools is ecstatic to hear of the new financial possibilities coming with the wind farm project,” he said.
“We see this as nothing but a positive for not only our school district, but our community and our citizens.
“I’ve spoken with several area farmers and they are more than excited about the financial possibilities that they may be a recipient of from the Apex wind project coming to Kay County.”
In September 2009, Apex began its partnership with GGW Renewable Resources, LLC (GGW) and opened its Tulsa office, according to Wilson.
GGW was founded in 2006 to be the first Oklahoma company to develop and build utility-scale wind projects in the state.
With a long background in real estate and development, GGW’s principals came to the wind energy business with a calling to use local resources for local benefit.
Within the first three years, the GGW team initiated development of six of the best wind farm sites in Oklahoma.
Today, the partnership is working to see those projects through to completion, including the Kay Wind project.
Apex Wind Energy, Inc. is an independent renewable energy company based in Charlottesville, Va.
Since its founding in 2009, Apex has completed 15 acquisitions and become one of the fastest-growing companies in the industry.
In December 2012, Apex completed the development and construction of the 300-megawatt Canadian Hills Wind project in Canadian County, Okla.
The company has a diversified portfolio of wind energy facilities in development around the country and owns several operating solar energy projects in Colorado.
The company’s management team comprises experts from throughout the industry whose collective prior experience includes the development, financing, construction, and operation of more than $10 billion in wind and solar energy facilities now operating in the United States.
Visit www.apexwind.com for more information.
A Kay Wind page has been added to the website.
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