Oak Creek Energy
| History |
| Oak Creek Energy is an American wind energy pioneer and developed its first wind farm in 1982, which was one of the first wind farms built in North America. The company was instrumental in advancing major transmission improvements to the Tehachapi Wind Resource Area in California. These major transmission improvements are providing major benefits to the California power grid and allowing the interconnection of planned new wind farms in the area. |
| People |
| Highly Experienced Management Team. Many of the Oak Creek Energy's key personnel have between 10 and 30 years of experience developing, managing, financing, and operating wind farms in the U.S., Canada, Germany, Denmark, Spain, and the UK. These projects encompass about 5,800 wind turbines representing 2,700 MW of generating capacity. |
Development Activities |
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Oak Creek Energy is currently developing utility scale wind energy projects in North America. Among development projects originated by Oak Creek Energy is the Alta Wind Energy Center, which is a wind farm located in Tehachapi Pass of the Tehachapi Mountains, in Kern County, California. The ALTA wind projects currently encompass the largest wind farm in California, with a combined installed capacity of 1,044 MW by the end of 2011. The Alta wind projects benefits from significant transmission rights (2,910 MW) and a long-term PPA with Southern California Edison for 1,550MW, of which 1,020, so far was installed in 2011 in the Tehachapi area, including on land owned by Oak Creek Energy, and another 300 MW is under construction in 2012. This has enhanced the presence of Oak Creek Energy in wind farm development industry, and will continue to provide significant income for Oak Creek Energy. In addition to above, multi-phase developments are progressing mostly in Mexico, Nevada, Illinois, California, and Arizona. The expertise developed in managing and optimizing the site in Tehachapi is proving useful toward identifying other sites with superior potential so that Oak Creek Energy can continue to apply its expertise in the development of profitable projects. OCES has developed superior skills in (1) resource evaluation, (2) site selection, (3) transmission improvements and (4) environmental practices through the development in Tehachapi site, which is proving useful toward identifying other sites with superior potential so that OCES can continue to apply its expertise in the development of profitable projects. Oak Creek Energy has multiple Business Relationships with relevant players/persons, which enable to make significant progress on project development and has a long and close relationships with major utilities, turbine manufacturers and relevant authorities and industry participants, which enable OCES to develop projects with high efficiency and reliability, as proven with the OCES and Alta projects in Tehachapi over the past 30 years. |