Capital Power’s 99-megwatt (MW) New Frontier Wind facility located in McHenry County, North Dakota, began commercial operation on December 21, 2018, on schedule.
Covering over 50 square kilometres (20 square miles) of North Dakota farmland, New Frontier is generating power from 29 Vestas V126 turbines, each with a generation capacity of 3.45 MW. Active construction began in May 2018, with turbine deliveries starting in August. The first turbine was ‘topped-out’ on Sept. 5.
Capital Power will operate New Frontier Wind under a 12-year fixed price contract with an investment grade U.S. financial institution for 87% of the facility’s output. Under the contract, which was executed on August 29, Capital Power will swap the market revenue from a fixed volume of New Frontier Wind’s generation for a fixed price payment over a 12-year term. The agreement will secure long-term predictable revenues and is expected to allow New Frontier Wind to secure renewable energy tax equity financing.