Origin – The already strong relationship between the Enel Group and the United States of America has been strengthened with the signing of a 400 million dollars capital contribution agreement between Enel Green Power North America, the U.S. subsidiary of Enel Green Power, and a consortium led by J.P. Morgan. As part of the agreement, the consortium has committed to funding the construction of two wind farms: Origin in Oklahoma, which will have an installed capacity of 150 megawatts, and the 200 MW Goodwell farm, which will be built on the border between Oklahoma and Texas. The J.P. Morgan-led 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. Both projects are associated with long-term power purchase agreements. (9colonne)
