Scandia Wind Southwest LLC. Development of large scale windpower. Presentation for landowners Bovina May 8th 2009. Presentation overview. Who are we What we have done Why the Panhandle The challenges every developer face in the Panhandle The project The business model The way forward
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Development of large scale windpower
Presentation for landowners
Bovina May 8th 2009
82 years aggregate wind energy experience
44 years aggregate wind energy experience
A member of the Havgul/ Alpha Wind/PWC alliance
Strong local committment
Alpha Wind Energy
Fredrikson & Byron
Havgul clean energy
Hoffman & Brobst
Multiple financing sources
Development financingConstruction financingPermanent financing
Ketil Reed AasgaardPartner/Managing director
Partner/Communication and PA
Wind power project development company, based in Oslo, Norway.
The business concept is to develop wind power projects from greenfield or early phase development, to a stage where all required permits are in place, technical feasability studies are performed and the project can be realized on the international market.
Financed by a large Swedish/US green investment fund
Extend activities to include US, Poland and Sweden – and possibly other fast growing markets.
Extensive experience from various parts of Wind Power Industry from
Best wind conditions in Texas
Large areas of suitable land
General positive attitude among the land owners and the population in general
Perfectly located in the cross roads of the ERCOT, SPP and WECC grid areas
A region in need for new industries
The strategy is as follows:
10% ownership in the development
Individual land lease agreement payments
Take over by large utility(ies)
We suggest the land owners form a group of 3-5 people given the power of attorney to negotiate on the land owners behalf
The group select a lawyer representing them in the negotiations
We are willing to cover the lawyer costs up to an amount agreed upon between the parties
We hope the total process should not last longer than 3 months
When the agreement are finished negotiated, the negotiating group will present the agreement to the remaining land owners for signature.