ACCIONA Energy Begins Construction on Dempsey Ridge Wind Farm

Wed Jan 19, 2011 8:00am EST

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ACCIONA Energy Begins Construction on Dempsey Ridge Wind Farm

Construction Phase to Generate Jobs and Stimulate Economy in Roger Mills County, Oklahoma

ACCIONA Energy announced today that it has commenced construction on the Dempsey Ridge Wind Farm located in Roger Mills County, Oklahoma. The 132-megawatt (MW) wind farm will take approximately one year to build and is expected to generate hundreds of temporary construction jobs and bring added business to the community.

The Dempsey Ridge Wind Farm will be ACCIONA Energy’s sixth wind farm in the United States and the third in Oklahoma. The project is located just 15 miles west of ACCIONA Energy’s 123-MW Red Hills Wind Farm that was put into service in June 2009. The project will create enough clean energy to power around 46,000 homes in Oklahoma and surrounding states and will avoid the emission of approximately 339,000 metric tons of CO2 per year from conventional power plants.

“Oklahoma is a state that understands energy and has embraced wind as a plentiful and lucrative resource for the future. We are pleased to extend our commitment to this state and this community with the construction of the Dempsey Ridge project. Oklahoma already ranks in the top 10 U.S. states for wind energy potential and this project is another step in the direction of realizing that potential,” said Dan Foley, Chief Development Officer, ACCIONA Energy North America.

ACCIONA Energy’s Dempsey Ridge Wind Farm is expected to generate more than $20 million in tax revenue for Roger Mills County. The project will consist of 66 2.0 MW wind turbines located over 10,888 rural acres. There are 44 lease agreements in place that will provide added income to landowners during the development and operation of the project. Additionally, the wind farm will provide increased revenues for Roger Mills County and vicinity through investments in local infrastructure and property tax revenues paid over the life of the project.

ACCIONA Energy has selected M.A. Mortensen to lead the construction of the Dempsey Ridge Wind Farm. Mortensen built ACCIONA’s Red Hills Wind Farm and has deep expertise in wind farm construction and Roger Mills County.

ACCIONA Energy currently operates 489.6 MW of wind power capacity in the U.S. in five wind farms, four of them 100 percent owned. These include Tatanka Wind Farm (180 MW, North and South Dakota), Velva Wind Farm (11.8 MW, North Dakota), EcoGrove Wind Farm (100.5 MW, Illinois) and Red Hills Wind Farm. The company also has a stake in the Blue Canyon Wind Farm (74.25 MW) in Oklahoma.

About ACCIONA Energy

ACCIONA Energy is a global clean-tech operator backed by more than 20 years of experience and a leading presence in seven renewables technologies. It has installed more than 9,000 MW of electricity generation in 14 countries: 7,469 MW are proprietary. The Company has 271 wind farms (7,716 MW); 80 hydroelectric power stations (911 MW); a number of solar thermal (CSP) and PV plants that rank among the biggest in the world, and biomass-fired power plants. ACCIONA Energy manufactures wind turbine generators and has biodiesel and bioethanol production units. The Company, which develops proprietary projects as well as projects for clients, is to be found across the entire value chain, produces and markets renewables-based energy and delivers a broad range of services for clients within this sector, as part of a staunch commitment to innovation.

ACCIONA Energy is part of the ACCIONA Group, one of Spain’s leading business corporations. ACCIONA operates in infrastructure, energy, water treatment and services in more than thirty countries on the five continents. Its corporate motto, “Pioneers in Sustainable Development”, reflects the Company’s commitment to contributing to economic growth, social progress and environmental balance. ACCIONA is sector leader in the Dow Jones Sustainability Index, and posted revenues of more than €6.5 billion in 2009. The Company has a workforce of more than 30,000 and is quoted on the IBEX 35 blue chip index (ANA.MC). For more information:

Micaela Whalen, 312-673-3043
Jennifer Lopez, 512-382-8985

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