Alliant Energy Acquires Ownership Interest in Great Western Wind Farm

In June, EDF Renewable Energy announced the signing of the Purchase and Sale Agreement by which Alliant
Energy Corporation will acquire a 50% ownership interest in the 225 megawatt Great Western Wind Project.
Completion of the transaction is subject to regulatory approval and customary conditions precedent.

“EDF RE is a renewable energy leader, and we are proud to establish a partnership with them,” said Alliant Energy Vice President of Business Development Joel Schmidt. “Our 50 percent cash equity ownership interest in this Project aligns with Alliant Energy’s strategy to invest in renewable energy.”

EDF RE remains involved in the project as a 50 percent co-owner and provides management services. EDF Renewable Services provides a portion of the current operations and maintenance services as well as 24/7 remote monitoring from its Operations Control Center.

Located in Woodward and Ellis counties near the base of the Oklahoma panhandle, Great Western Wind is comprised of 30 V117 (unit capacity of 3.3 MW) and 63 V100 (unit capacity of 2.0 MW) wind turbines supplied by Vestas.  The Project achieved commercial operations in December 2016; electricity generated is provided to Google under a long-term Power Purchase Agreement.

Raphael DeClercq, Vice President of Portfolio Strategy for EDF RE, commented, “The sale of equity stakes represents an integral part of EDF Renewable Energy’s business model, allowing us to maintain a balanced ownership
portfolio in order to assist in the funding of new project development. We are pleased to forge a new business relationship with Alliant Energy on this first transaction. We are confident that our expertise as a developer and operator complements Alliant Energy’s renewable energy strategy.”

EDF Renewable Energy is one of the largest renewable energy developers in North America with 9 gigawatts of
wind, solar, storage, biomass and biogas projects developed throughout the U.S., Canada and Mexico.

MGE PLANNING LARGE WIND PROJECT IN IOWA

Madison utility Madison Gas and Electric plans to build a $107 million, 66-megawatt wind
farm in Howard County, Iowa, that would become the company’s largest wind farm to
date. The project, known as Saratoga, will consist of 33-turbines on a 10-square-mile site
about 200 miles west of Madison. The site is well situated because of its strong winds and
proximity to transmission infrastructure. If approved, construction could begin in early
2018 and deliver enough electrical power for approximately 47,000 homes by the end
of 2018. The company said wind turbine technology has improved with larger turbines
producing energy more efficiently, making it a cost-effective, clean-energy option.

Xcel Energy Nears Completion of Wind Plan for Upper Midwest

Xcel Energy, the number one utility wind energy provider in the nation for twelve years running, added more renewable energy to its Upper Midwest system with the Odell Wind Farm coming on line this month. The power generated will be used by customers in Michigan, Minnesota, North Dakota, South Dakota and Wisconsin.

The Odell Wind Farm has 100 wind turbines spanning four southern Minnesota communities, including Cottonwood, Jackson, Martin and Watonwan counties. It will generate 200 megawatts of electricity, delivering enough energy to power 105,000 homes in the Upper Midwest. The clean energy produced at Odell Wind Farm is expected to help avoid an average 368,000 tons of carbon dioxide emissions annually.
“Adding Odell Wind Farm to our growing renewable energy fleet is one of many ways we’re giving customers the clean energy options they want,” said Chris Clark, president, Xcel Energy-Minnesota. “This wind purchase is another significant step forward in our goal to deliver 35 percent renewable energy to our Upper Midwest customers by 2030.”

“Sustainable growth and operation of our fleet of renewable generation facilities are key ingredients in the value we deliver to our shareholders,” commented Ian Robertson, the Chief Executive Officer of Algonquin Power & Utilities Corp. “The Odell facility’s strong wind resources and long-term power supply agreement with Xcel make it an excellent addition to our portfolio of operating facilities.”

The Odell Wind Farm is part of a commitment Xcel Energy made in 2013 to expand its wind capacity by 42 percent by adding 750 megawatts of cost-effective, clean wind energy into the Upper Midwest by the end of 2016. Also part of this commitment, the Border Winds and Pleasant Valley wind farms came on line in late 2015, adding 350 megawatts to the system. The Courtenay Wind Farm in North Dakota will add another 200 megawatts when it is complete at the end of 2016.  Algonquin Power & Utilities Corporation owns the Odell Wind Farm, a project initially developed by Geronimo Energy. Under a 20 year power purchase agreement, Xcel Energy will purchase power from the Odell project.

Alliant Energy Announces $1 Billion Wind Project to Advance Clean Energy

Project supports Iowa’s vision for growing renewable energy

Iowans will soon see a significant increase in clean, economical wind generation from Alliant Energy.

On July 27, 2016, Alliant Energy CEO Pat Kampling and Iowa Governor Terry Branstad announced that Alliant will invest approximately $1 billion to expand wind energy operations in the state.

“Our customers expect low-cost, clean energy, which is exactly what this project will bring to the communities we serve,” said Doug Kopp, President of Alliant Energy’s Iowa utility. “Wind has no fuel costs and zero emissions, making it a win-win for Iowans and the Iowa economy.”

Alliant’s Iowa utility is seeking regulatory approval to expand its Whispering Willow Wind Farm in Franklin County and possibly develop wind energy in other areas of the state. The five-year project will add up to 500 megawatts of clean energy, which is necessary to economically meet customer needs. Alliant is seeking approval now to maximize the value of renewable energy tax credits to benefit customers.

 

The new wind project is part of Alliant’s vision for a clean energy future. From 2005 to 2030, Alliant Energy is targeting a 40% reduction in carbon dioxide emissions. In addition, the project will generate tens of millions of dollars in property taxes, and result in more than 1,500 jobs at the height of construction – boosting Iowa’s economy while supporting customers seeking to use more renewable energy.

 

XCEL ENERGY NAMED NO. 1 WIND PROVIDER FOR 12TH CONSECUTIVE YEAR

Xcel Energy’s leadership in wind energy has reached another milestone as the American Wind Energy Association
named the company the country’s top utility wind energy provider for the 12th consecutive year. Xcel Energy more
than doubled its wind ownership when it acquired the Pleasant Valley Wind Farm in Minnesota and Border Wind
Farm in North Dakota last year. Along with purchasing energy from new wind farms in Colorado and New Mexico,
the company increased its wind capacity 850 megawatts, or 15 percent, companywide in 2015. Xcel Energy will add
another 400 megawatts of wind to the system in 2016, by buying power from the Odell Wind Farm in Minnesota and
owning the Courtenay Wind Farm in North Dakota, when the plants are completed this year.

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