Why does BigWind in Ohio keep changing hands?

In Van Wert and Paulding Counties, the Northwest Ohio Wind Project originally proposed by National Wind and then sold to Trishe Wind has now been sold again to Starwood Global Energy who plans to build 100 MW by 2015 and another 250 MW sometime thereafter.  If you live within 100 miles of a wind site and you believe you are ‘far enough away’- think again- they always develop in ‘phases’. We included an old article describing the 59 turbine project which was approved by the OPSB in 2013.

Why do these wind companies, frequently, change hands? It is all about the green cash. The government subsidies are only good for a short time. Once that date appears, it is time to roll the site to another company, who can BEGiN THE SUBSIDY GAME ALL OVER- that’s right, as if the wind site were brand new! Don’t you wish you had those same tax advantages?… 

…The Ohio Power Siting Board (OPSB) has approved a certificate of environmental compatibility and public need for the up to 59-turbine proposal.

India-headquartered Trishe in 2012 bought US developer National Wind, which initiated the project and continues to handle development.

The Northwest Oho site will spread across 12,750 acres of leased land east of the existing Timber Road and Blue Creek wind farms. The facility will connect to the electric grid via an American Electric Power 138kV line that runs through the footprint.

It will tie into the existing Haviland substation through an interconnection agreement with PJM….

Ohio clears 100MW Trishe project – Onshore Wind | ReNews – Renewable Energy News.

Advertisements