Friday, October 5, 2018
ALBUQUERQUE, New Mexico, October 5, 2018, – The Public Regulation Commission (PRC) voted to approve the location control permit for Pattern Development’s Corona Wind Projects in a 4-0 vote. As a result, construction can begin on an estimated 950 wind turbines, to produce 2,200 MW of power.
“We greatly appreciate the commission’s diligent work to ensure that we had an effective review process, that our filing was complete and that New Mexico residents will continue to benefit from our initiative,” said Mike Garland, CEO of Pattern Development. “Our team is now able to move forward with the Corona Wind Projects, creating over a thousand new construction jobs and generating billions of dollars in economic impact, while continuing to progress New Mexico as a leader in wind energy.”
The Corona Wind Project will provide long-term financial benefits to the region. According to an economic impact report developed by Albuquerque accounting firm Moss Adams, the Corona Project will generate $3.8 billion of total impact, result in the hiring of hundreds of workers during construction and support approximately 100 jobs once it is operational.
Pattern Development’s affiliate, Pattern Energy, is the largest operating clean energy company in New Mexico with operational wind facilities already powering more than 604,000 homes in the state. The Corona Wind Projects are expected to be in operation by the end of 2020.
About Pattern Development
Pattern Development is a leader in developing renewable energy and transmission assets. With a long history in wind energy, Pattern Development’s highly-experienced team has developed, financed and placed into operation more than 4,500 MW of wind and solar power projects. A strong commitment to promoting environmental stewardship drives the company’s dedication in working closely with communities to create renewable energy projects. Pattern Development has offices in San Francisco, San Diego, Houston, New York, Toronto, Mexico City, and Tokyo.