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SEPA
GREEN
POWER
PARTNERSHIP
RE-Powering America's Land
Project Matching: Facilitating New Renewable Energy Projects
Project Proposal Submittal Form
The EPA Green Power Partnership's (GPP's) Project Matching Initiative works to connect stakeholders
with new, not-yet-built renewable energy projects that may align with their energy, environmental, and
financial objectives. The initiative's goal is to spur the development of new renewable generation by
facilitating the signing of long-term green power contracts between end-users and project developers,
thereby providing a guaranteed stream of revenue that developers can use to secure project financing.
The GPP, in collaboration with EPA's RE-Powering America's Land Initiative, will host a project matching
webinar on Wednesday, June 24, 2015. Project developers are invited to submit project proposals to
GPP for possible inclusion in the webinar. This form includes all anticipated criteria that EPA will use to
select projects for the webinar. All projects submitted for review that meet minimum requirements for
data completeness and basic eligibility will be posted on the GPP website. A renewable energy project's
inclusion in this initiative does not constitute endorsement or recommendation by EPA.
Project proposals are due by June 5, 2015 and must be submitted electronically to James Critchfield,
critchfield.james@epa.gov.
Contact Information
Katya Samoteskul
ksamoteskul(a)invenergvllc.com
312-582-1295
Project Summary
Project name: Hardin Wind Energy Center
Developer name: Invenergy Wind Development LLC
Renewable energy type: wind
Project city/state: Hardin County, OH
Project geographic coordinates (To find, use: www.latlong.net/):
Latitude 40.678034 Longitude -83.816586
Total planned megawatt (MW DC) size: 150 MW
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Are there phases? If so, how many and in what size traunches?
No second phases of the Project are planned at this time.
What is the expected annual output of the completed project (MWh)? About 450,000 MWh.
Expected date of construction commencement: Q1 2016.
Expected date of commercial operation: December 31, 2016.
What is the largest development hurdle and how is it anticipated to be overcome?
State policy changes in Ohio specific to renewable energy has provided less certainty for renewable
energy development. However, the Project's current site permit is grandfathered through 2018,
allowing Invenergy to build the Project with the layout that has been approved and avoid many of these
issues.
Can you provide examples of similar projects you have developed?
Invenergy ranked #2 in terms of new U.S. wind capacity installed in 2014 and is North America's largest
independent wind power generation company. The Company has developed over 50 wind farms across
the United States, Canada and Europe, totaling over 5,822 MW globally. This portfolio consists of over
4,489 MW of operating projects, 1,111 MW of projects in construction, and 222 MW of projects under
contract.
Site Readiness
Has the project received all necessary federal, state, and local permits to proceed with construction
and operation? If not, please outline the key permits required to proceed with project
construction/operation and describe the steps you have taken in order to evaluate and address
permitting risk for this project.
In Ohio, all zoning and regulatory permitting is secured through the Ohio Power Siting Board. Invenergy
received its OPSB Site Permit in August 2011. Invenergy has previously received Determinations of No
Hazard from the Federal Aviation Administration ("FAA DNH") and anticipates receiving updated FAAs in
Q2 of 2015. Additionally, Invenergy has executed a payment in lieu of tax (PILOT) agreement and a road
use agreement with Hardin County.
Have you secured long-term site control? If so, please describe the nature of the agreement (lease,
ownership, etc.)?
Yes, Invenergy has land control of approximately 25,000 acres of agricultural land in Hardin County, OH.
Have land leases been filed with the county?
Yes.
Does the project require either an Environmental Impact Statement or Environmental Assessment? If
so, what is the status?
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The Project does not require an EIS or an EA. Invenergy has consulted with appropriate State and
Federal agencies and has conducted numerous environmental studies. No significant environmental
findings have been reported.
Is this project sited on a current or formerly contaminated land, landfill or mine site?1 If so, has the
site addressed the related environmental issues?
Not applicable. The Project will be built on agricultural land.
Interconnection
What is the status of interconnection, and have system impact and facility studies been completed?
(Distribution or transmission level projects are both eligible)
All interconnection studies (including System Impact and Facilities Study) have been completed. The
Project will interconnect to the existing 345 kV AEP East Lima to Marysville transmission line, which is
located within the Project footprint. Invenergy executed an interconnection agreement with PJM and
AEP in June 2013 (U2-041) for interconnection of up to 300 MW of Wind Generation Resources and this
agreement is still in good standing.
When do you expect the interconnection study process will be complete?
The interconnection study process is complete.
Does the transmission owner (TO) or independent system operator (ISO) have a process to study the
project's impact on the local or regional grid and the subsequent cost to interconnect?
Yes. The Independent System Operator (PJM) has an interconnection study process and all
interconnection studies required by PJM have been completed.
Operation & Financing
Is any element of the project - technology or systems - experimental or pilot-phase or proven
technology?
Wind turbine technology employed at the Project will not be experimental. Invenergy will use proven
and highly reliable General Electric wind turbines at the Project.
What is the long- and short-term plan for operating and maintaining the project?
Invenergy operates all of its US projects and will maintain the Project through a dedicated O&M facility
that will be built near the Project site.
For wind projects, has a meteorological tower been installed? If yes, when was the tower installed
and how much data has been collected?
1 Examples of such properties could include brownfields, municipal solid waste landfills, abandoned mine lands,
and Superfund sites, among others subject to state or federal authorities or cleanup programs.
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Yes, a total of three met towers are collecting data on the Project site. The first met tower was installed
in 2008.
Provide a short summary of how you view project finance and structure/ownership taking shape for
this project:
Invenergy proficiently structures project financing and maintains strong relationships with banks in the
United States, Canada, Europe and Asia. During the late stages of project development, Invenergy typically
approaches lenders a few months prior to construction to provide construction financing. The
construction loan combined with Sponsor equity will raise sufficient capital for the entire construction
cost of the Project.
Financing for a project is typically structured as non-recourse project financing. The security and collateral
package held by the project financing parties customarily consists of a pledge of the equity in the Project
company, a pledge of all Project assets, and collateral assignments of certain material Project agreements.
On or shortly after COD, the construction financing is replaced by more permanent financing, such as a
term loan or tax equity investment. The security and collateral package during the term loan period is
usually the same as that during the construction period.
Partners
In what ways can organizations participate in the project? (Check all that Apply)
Sf Power purchase agreement for bundled power and RECs
0 Financial hedge or contract for differences
Sf Long term REC offtake
[yf Financial investment / ownership stake
Sf Other, please specify: PPA with a REC swap
What are some of the characteristics of your ideal power purchaser, investor, or other partner?
Over the last 10 years, Invenergy has developed a worldwide portfolio of 70 projects totaling 9,000 MW
that are operating or under construction. Invenergy's customers have included utilities, municipalities,
and coops, such as American Electric Power, Commonwealth Edison, Detroit Edison, Los Angeles
Department of Water & Power, Ontario Power Authority, Omaha Public Power District, Pacific Gas &
Electric Company, PacifiCorp, Tennessee Valley Authority, Xcel Energy and others.
We also work with banks (Bank of America, JP Morgan Chase, Citi Group, Credit Suisse and others),
commercial and industrial customers and universities.
We are happy to assist large companies, universities and government agencies with meeting their
sustainability goals, while also providing them with opportunities to invest in well-planned, low risk
renewable energy projects across the US.
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What marketing opportunities exist at the project?
Invenergy will be happy to assist the future off-taker with crafting any future messaging campaigns to
ensure that the customer receives full credit from the public for supporting renewable energy
development in the US. We are also open to discussions regarding the naming rights for the Project.
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