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Iberdrola Renewables Congratulates Silicon Valley Power for National Wind Award

SVP Honored by U.S. Department of Energy


Click Here for a PDF version of this press release.

June 17, 2014

PORTLAND, Ore. — Silicon Valley Power, the City of Santa Clara’s municipal electric utility, earned the prestigious 2014 Public Power Wind Award from the U.S. Department of Energy, in part for their innovative use of wind resources from three Iberdrola Renewables wind farms. SVP purchases wind energy from Iberdrola Renewables’ Big Horn 1 and 2 Wind Power Projects in Washington, and from the Manzana Wind Power Project in southern California, to help balance power from its hydroelectric operations. The DOE announced SVP’s national award today at the American Public Power Association’s National Conference in Denver, Colorado.

“As an early adopter of wind power, Silicon Valley Power has reaped the benefits of having it as an alternative and supplement to more traditional energy sources,” said Larry Owens, SVP Manager of Customer Services. “Diversifying our resources with wind power tempers price volatility caused by hydro or natural gas shortages and helps keep our rates among the lowest in California.”

“SVP’s honor is well-deserved, as it recognizes their innovative use of competitive, clean energy to reliably meet their customers’ needs,” said Barrett Stambler, Iberdrola Renewables’ vice president. “Their enduring and enthusiastic commitment to renewables delivers tangible environmental and economic benefits for their customers and for all of California.”

The Manzana project [fact sheet] in Kern County, Calif., in the wind-rich Tehachapi area, includes 126 wind turbines. This project supports the local economy with property tax payments estimated to be more than $50 million and lease payments expected to be more than $30 million over the life of the project. The property taxes will support schools, public health, fire, library and other necessary services in Kern County. During construction, the project created 216 construction jobs at its peak and resulted in $10.3 million spent locally.

The project reached commercial operation in 2012, and provides 189 megawatts (MW) of clean energy, representing an offset in carbon emissions comparable to removing more than 21,500 cars off of California’s roads each year.

The Big Horn Wind Power Project [fact sheet] is a multi-phase wind farm totaling 249.5 MW located near the community of Bickleton in Klickitat County, Washington. During construction, the two projects created more than 360 jobs at peak. In 2013 alone, the projects combined to deliver local economic benefits exceeding $1.6 million in property tax and land lease payments.

A panel of wind, public power, utility, government, and national laboratory experts elected SVP for the Public Power Wind Award (single utility category) from among seven nominated public power utilities in the United States.

Iberdrola Renewables, LLC is the U.S. renewable energy division of parent company IBERDROLA, S.A., an energy pioneer with the largest renewable asset base of any company in the world. Iberdrola Renewables, LLC is headquartered in Portland, Ore., and has more than $10 billion of operating assets totaling more than 5,800 MW of wind and solar generation. www.iberdrolarenewables.us

Contacts:

Art Sasse, Iberdrola Renewables, 503-796-7740, 503-475-0330

Paul Copleman, Iberdrola Renewables, 207-641-2805, 215-416-9656

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