Brookfield Renewable and its institutional partners increased their 50% stake in the wind power project to 100% in January 2012.
The wind project is expected to generate enough clean, renewable power annually to power about 26,000 US homes on average.
Brookfield Renewable chief executive officer Richard Legault said the company was able to quickly bring its expertise to bear, and in the span of around one year, secured a long-term power purchase agreement, an interconnection agreement and project financing, as well as the completion of all other engineering and commercial requirements which enabled construction to begin.
"This project demonstrates our ability to deploy both capital and operating expertise and to work together with our stakeholders to build significant value," Legault said.
Under a 20-year power purchase agreement, a local utility will buy all the power generated from the project.
