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Allco Wind Energy develops Tehachapi project

Allco Wind Energy, a division of Sydney-based Allco Infrastructure, has signed an exclusive Power Purchase Agreement (PPA) with Southern California Edison to supply 1,500MW of renewable power. The PPA, which is the largest wind energy contract ever signed by a US utility, equates to providing power for up to 1 million households in California. With the signing of the agreement, Allco Wind Energy will be undertaking the development of the most significant wind energy project in the US over the next 5 to 10 years.

The project, which is located in the Tehachapi Wind Resource Area in Southern California, will involve wind farm development on land that Allco controls and or owns. The size of the development is triple that of any existing US wind farm and will be on more than 50 square miles of land.

Working in partnership with Allco Wind Energy on the project through a joint venture, Alta Innovative Power Company, LLC, is Oak Creek Energy Systems, Inc., a long-term wind farm developer which has managed and operated wind farms in Tehachapi for 20 years.

In early 2006, Allco acquired a suite of wind energy development assets in the Tehachapi Wind Resource Area. It is one of the best wind resources in the US and was one of the first areas to be developed for wind power in the 1980s. Currently the area is producing approximately 730MW of wind power, and the California Energy Commission estimates that wind capacity in the area will increase by over 4,500MW over the next 10 years.

The Tehachapi Project consists of multiple independent sub-projects spread across the area, which will be a phased development and are expected to become operational between 2007 and 2012. Allco ultimately expects to develop in excess of 2,500MW of wind capacity in the area. The sub-projects will be developed, managed, operated and maintained by Alta Innovative Power Company, the co-development joint venture Allco has formed with Oak Creek Energy Systems, Inc.



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