Cardinal Point Wind

  
  
Cardinal Point Wind Fact Sheet.pdfCardinal Point Wind Fact Sheet

 Contact

​Matthew Martin
617-274-7700
usdevelopment@capitalpower.com

Project Status: In Consultation or Planning 

Facility Information

Capital Power announced on April 30, 2018 that the construction of Cardinal Point Wind will proceed once all applicable regulatory approvals are received. Commercial operation of the facility is expected in March of 2020.

The 150-megawatt facility is located on approximately 19,000 acres of privately-owned lands in McDonough and Warren Counties, Illinois, and is anticipated to cost between $289 million and $301 million (US$236 million to US$246 million).

Capital Power will operate Cardinal Point Wind under a 12-year fixed price contract with an investment grade U.S. financial institution covering 85% of the facility’s output. Under the contract, Capital Power will swap the market revenue of the facility’s generation for a fixed price payment over a 12-year term. In addition, the Cardinal Point Wind project has secured 15-year, fixed-price Renewable Energy Credit (REC) contracts with three Illinois utilities. The REC and output contracts will secure long-term predictable revenues, allowing Cardinal Point Wind to secure renewable energy tax equity financing and provide Capital Power the opportunity to complete its third wind development project in the growing U.S. renewables market. 

Facility Facts

​Name​Cardinal Point Wind
​Location​McDonough & Warren Counties, Illinois
Planned Capacity150 MW
Fuel SourceWind
Land​19,000 acres
​Interconnection​Ameren’s 138-kV Macomb-Niota transmission line​


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Last reviewed July 2018