sPower Wins 49.5MW Silicon Valley Power PPA for Sand Hill Wind Projects
sPower prepares for its first wind projects in California

sPower, a leading independent renewable energy provider, announced that on November 21, 2016 they were awarded a 25-year PPA with Silicon Valley Power (SVP), the City of Santa Clara’s municipal electric utility, to provide 49.5 megawatts (MW) of wind power.

The Sand Hill Wind facilities will be constructed within the Altamont Pass Wind Resource Area (APWRA) and are part of repowering efforts by Alameda County. sPower anticipates erecting up to 25 state-of-the-art wind turbines with a commercial operations date before the end of 2020.

“The Altamont Pass is just 40 miles from our service territory,” said Steve Hance, Silicon Valley Power Electric Division Manager. “It’s great that our local community will benefit directly from increased renewable energy and the favorable economics afforded by the Sand Hill Wind project, and also indirectly from the local job creation and generation of new state and local tax revenues.”

“sPower is excited about developing its first wind farm in California, especially given SVP’s initiatives to create a cleaner energy future for the City of Santa Clara’s residents and businesses,” said Ryan Creamer, sPower CEO. “We commend SVP’s outstanding efforts to advance the development of cost-competitive green power sources and look forward to building more California wind projects.”

About sPower: sPower, an AES and AIMCo company, is the largest private owner of operating solar assets in the United States. sPower owns and operates a portfolio of solar and wind assets greater than 1.5 GW and has a development pipeline of more than 10 GW. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a worldwide energy company headquartered in Arlington, Virginia, and the Alberta Investment Management Corporation, one of Canada’s largest and most diversified institutional investment fund managers.

About Silicon Valley Power (SVP): Silicon Valley Power is the trademark adopted for use by the not-for-profit electric municipal utility of Santa Clara, CA serving residents and businesses since 1896. SVP provides power to more than 50,000 customers, including Applied Materials, Intel, Owens Corning, Microsoft and NVIDIA at rates 20 to 45 percent below neighboring communities.