Pinnacle West Capital Corporation
PNW Stock Jul 18, 2008 31.43   
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Clean Energy Programs

Wind Energy Projects
Recently APS signed a long-term contract with a Santa Rosa, New Mexico company to bring 90 megawatts (MW) of wind energy to the Valley of the Sun.

The 90-megawatt (MW) Aragone Mesa Wind Farm will serve about 22,500 APS customers. Aragonne Wind, LLC, a wholly-owned subsidiary of Babcock & Brown Operating Partners LLC owns and operates the facility.  APS has a long term agreement to purchase all the power from the farm.  When completed in December, 2006, it was the largest purchase power agreement for renewable energy ever signed by APS. It increased APS’ renewable energy portfolio from 16 MW (10 MW geothermal, 6 MW solar) to 106 MW — a 563 percent increase.

 

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