InvenergyThe Power of Innovation
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Invenergy
Corporate Overview Developer owner and operator of power generation projects.
Experienced and proven management team in energy and power generation.
Focused on the development of large-scale wind energy and natural gas projects as well as acquisition opportunities. Other renewable energy projects under evaluation.
More than 12,000 MW in development, construction and operation including long term power contracts in excess of 2,000 MW.
Headquartered in Chicago with development offices in Denver, Washington D.C., Milwaukee, Toronto, San Francisco and Austin, Texas. International offices in London, UK and Warsaw, Poland.
Currently building a portfolio of power facilities in North America and Europe.
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Invenergy
Invenergy Wind LLC (U.S.)
Three projects (260 MW) of wind projects constructed in the U.S. in 2005 and now in commercial operation:
Judith Gap, Montana – 135 MW (commissioning)
Spring Canyon, Colorado – 60 MW (construction)
Wolverine Creek, Idaho – 65 MW (construction)
Buffalo Mountain, Tennessee project entered commercial operation in October 2004 – one of only a few projects in the US to go into construction in 2004 850 MW of Wind Turbines for projects slated for construction in 2006 and 2007 secured with GE (1.5 MW SLE units)
350 MW (three projects) planned for construction in 2006
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Invenergy
Beech Ridge Wind Farm
Northwestern Greenbrier County
Proposed 186 MW facility
124 GE 1.5 turbines (77 meter rotors)
Key landowner: MeadWestvaco
Target Schedule PSC Siting Certificate: August 2007 Start Construction: April 2007 Start Operations: December 2007
Expected Output: 570,000,000 kwh/yr
Economic Impacts $300,000,000 investment 200+ construction jobs 15-20 permanent jobs $400,000 /yr property taxes $200,000 / yr B&O taxes
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Invenergy
Beech Ridge Opposition
Anti-Wind MCRE CRW
Tourism The Greenbrier & Sporting Club Greenbrier Co. CVB
Elected Officials US Rep. Mollohan WV Senator Guills WV Delegate Canterbury WV Delegate Campbell Lewisburg Mayor Manchester
Numerous Local Citizen Organizations Greenbrier River Watershed Association Williamsburg VWF Williamsburg Ruritan etc…
Grassroots 2,000+ letters of opposition
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Invenergy
Complaints Reduced Property values
Reduced Tourism
Viewshed Degradation
Bat Mortality
Bird Mortality
Habitat Loss
Light Pollution
Noise Pollution
Proximity to cemeteries
Abandonment
Restricted Access
Fire Risk
Falling Ice
Water Pollution
Excessive Subsidies
Out-of-state Ownership
Out-of-state Labor
Radio Interference
Poor mapping
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Invenergy
Beech Ridge Supporters
Labor (ACT)
Industry WV MFA WV Forestry Association
Environmentalists Sierra Club Coal River Mountain Watch
Local Government Rainelle, Rupert, Quinwood,
Richwood Greenbrier Co. Commissioners
Grassroots 700+ letters of support
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Invenergy
WV MFA Opinion PollSeven in ten favor construction of a wind farm
or generator in their county.
“Would you favor or oppose the construction of a wind farm or wind powered generator facility in your county?”
7%
38%
11%
32%
12%
Strongly Favor
Somewhat Favor
Somewhat Oppose
Strongly Oppose
Unsure
Statewide(n=501)
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Invenergy
WV MFA Opinion Poll“Would you favor or oppose the construction of a wind farm or wind powered generator facility in your county?”
CountyBreakout
Greenbrier(n=111)
Tucker(n=105)
Strongly Favor 32% 57%
Somewhat Favor 32% 24%
Somewhat Oppose 8% 10%
Strongly Oppose 16% 7%
Unsure 12% 3%
Local support for wind power typically increases after construction is completed.
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Invenergy
Post-Certificate Hurdles
Appeals PSC Reconsideration WV Supreme Court
Preconstruction Conditions USFWS / WV DNR Compliance (endangered species) WV DEP Compliance
Wetlands Stormwater / NPDES
WV Culture and History Compliance Architecture Archaeology
Decommissioning Bond Property Tax Agreement
