| Commercial Operation | 2014 |
| Facility Megawatt Capacity | 218 |
| Owned Megawatts | 172 |
| Equipment Manufacturer | General Electric |
| Equipment Model | 1.85-87m-60Hz |
| Equipment Quantity | 118 |
| Power Purchaser | Citigroup Energy |
| Revenue Type | Hedge |
| Contract Tenor | 2027 |
526 Million
gallons of water conserved
888,000
metric tons of CO2 avoided
60,000
houses powered
*Offset metrics are based on comparison with region coal fleet emissions when available or average US coal fleet
Panhandle Wind 1 is a 218 MW facility located in the Texas Panhandle in Carson County, Texas. The facility consists of 118 General Electric 1.85 MW turbines and commenced commercial operations in July 2014. Pattern Energy acquired an ownership interest of 172 MW in Panhandle 1 from Pattern Energy, following its commencement of commercial operations.
Approximately 77% of the expected output of Panhandle 1 is contracted under a 13-year energy price hedge, with an A-/Baa2 credit-rated affiliate of Citibank, with the balance sold at ERCOT's spot market prices. Panhandle 1 utilizes Texas' new Competitive Renewable Energy Zone (CREZ) transmission infrastructure, which connects to the state's main power grid operator, Electric Reliability Council of Texas (ERCOT).
The Panhandle Wind 1 project is located on approximately 52 distinct land parcels and has entered into long-term lease agreements with the landowners.
