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Wind developer abandons Ellis County project

In a registered letter delivered to many residents in the area today, Iberdrola Renewables, LLC said, "A variety of circumstances have led the company to the conclusion that it cannot move forward with developing the wind resources on the Property. As such, pursuant to the terms of the Agreement, Iberdrola Renewables, LS is terminating the Agreement effective July 20, 2013.

While one commercial developer of wind projects, Invenergy, LLC, recently received a conditional use permit from Ellis County, another, Iberdrola, has now informed local residents they have abandoned their effort to develop a wind project in Ellis County.

In 2008, Ellis County Commissioners approved a conditional-use permit allowing Iberdrola Renewables, LLC to proceed with a Hays wind project.

In a registered letter delivered to many residents in the area today, Iberdrola Renewables, LLC said, "A variety of circumstances have led the company to the conclusion that it cannot move forward with developing the wind resources on the Property. As such, pursuant to the terms of the Agreement, Iberdrola Renewables, LS is terminating the Agreement effective July 20, 2013. Iberdrola Renewables, LLS will execute the record and memorandum evidencing the release of any rights and interest in the property. Also, pursuant to the terms of the Agreement, should a meteorological tower be currently located on your property, it shall be removed as soon as practicable. We appreciate your prior commitments and confidence in Iberdrola Renewables, LLC and thank you for your interest in renewable energy development. "

A representative for Iberderola did not immediately return calls for further comment


Source: http://www.hayspost.com/201...

JUN 24 2013
http://www.windaction.org/posts/37523-wind-developer-abandons-ellis-county-project
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