Boston – Enel Green Power North America, a U.S. subsidiary of Enel Green Power, signed a capital contribution agreement for about 400 million U.S. dollars with a consortium led by J.P. Morgan. Under the agreement, the consortium has committed to funding the 150 MW Origin wind project located in Garvin, Murray and Carter counties in Oklahoma and the 200 MW Goodwell project in Texas County, Oklahoma and Hansford County, Texas. The consortium will contribute the funds once the plants enter service, which is scheduled for the fourth quarter of 2014 for Origin and the fourth quarter of 2015 for Goodwell, subject to compliance with the requirements set out in the capital contribution agreement. Both projects are supported by long-term power purchase agreements. (9colonne)
