Published: 21 December 2012 21 December 2012
Independent Engineering (IE) services provided by GL Garrad Hassan have helped Pattern Energy to realize construction loan financing for its Ocotillo Wind Power Project.
The project will be Pattern Energy's fifth operating wind project in North America and is located almost entirely on federal BLM (Bureau of Land Management) land in California's Imperial Valley. When completed, the project will have a nameplate capacity of 265 MW and consist of 112 Siemens 2.37 MW turbines with 108m rotors; 95 turbines are expected to be operational by year-end. Ocotillo Wind is the first wind project to deliver renewable energy over the newly constructed Sunrise Powerlink transmission line under a 20 year contract to supply San Diego Gas & Electric utility customers. GL Garrad Hassan has provided IE technical due diligence services for the project on behalf of Deutsche Bank, as Joint Bookrunner, Co-Structuring Bank and Administrative Agent, RBC Capital Markets as Joint Bookrunner and Co-Structuring Bank and a lending group that includes the North American Development Bank, the Royal Bank of Scotland, Soci?t? G?n?rale, NORD/LB, and KeyBank.