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Mesa Power Group to Partner With Wind Tex

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TraderUsa   Wednesday, 04/04/12 01:00:48 PM
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Mesa Power Group to Partner With Wind Tex Energy on Stephens Bor-Lynn Wind Project South of Lubbock

DALLAS, April 4, 2012 /PRNewswire via COMTEX/ -- Mesa Power Group LLC, a Texas-based renewable energy development company, is partnering with Wind Tex Energy, LP, on the Stephens Bor-Lynn Wind Project (SBL), about 50 miles south of Lubbock.

The SBL project, located in Borden and Lynn counties, is planned to begin commercial operations in 2013. It will produce 377 megawatts of electricity when operating at full capacity. Mesa Power will be deploying 233 GE 1.6-megawatt wind turbines.

"Mesa Power is excited about this wind project opportunity in Texas, and about partnering with Wind Tex Energy," says Mesa Power executive Mark Ward. "We believe it is an excellent addition to the wind projects we've been developing since 2007."

In 2007, T. Boone Pickens created the privately held Mesa Power Group to develop and finance renewable energy power projects. Dallas-based Mesa Power is involved with wind, waste-to-energy, and natural gas projects. It is currently developing wind projects in Minnesota, Canada and Texas that total more than 1,000 megawatts of power.

Dallas-based Wind Tex Energy, a privately held independent wind power development company founded in 2002 by Steven K. DeWolf, specializes in U.S. domestic wind powered generating projects. It has developed four Texas Projects currently in operation, together comprising more than 6 percent of the total current Texas wind energy output.

"We are honored to be partners with Mr. Pickens and his team at Mesa," DeWolf says. "We look forward to soon making the project a reality, which will benefit the folks in Lynn and Borden counties."

Plans are to complete development and obtain financing for the project in the second half of 2012, company officials say.

SBL has executed an interconnection agreement with Wind Energy Transmission Texas, a joint venture between two worldwide leaders in electric transmission development, and will interconnect to a Competitive Renewable Energy Zone line that will be completed in early 2013. This interconnection agreement is the first interconnection agreement executed that has a wind resource connecting to an Electric Reliability Council of Texas (ERCOT) CREZ line. WETT is building and operating high-voltage transmission lines in West Texas as part of a statewide program to deliver clean, renewable energy throughout the state.

Contact:Jay Rosser214-265-4165jay@bpcap.net

SOURCE Mesa Power Group LLC

Copyright (C) 2012 PR Newswire. All rights reserved

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