Fire Island reaches financial close

December 16, 2011
Renews Americas 

Summit Power has reached financial close for phase one of its Fire Island wind project in Alaska.
The scheme will comprise 33 turbines with an 11-unit 17.6MW first phase.

Construction of the turbines and the undersea transmission line from Fire Island will begin immediately and is expected to be completed by late 2012, according to developer Summit.

The company said the project will be Alaska”s largest wind farm. It will be owned and operated by Cook Inlet Region’s subsidiary Fire Island Wind.

Summit said it will sell power produced to the Chugach Electric Association, Alaska’s largest electric utility.

Cook Inlet Region senior director of energy projects Suzanne Gibson said: “Wind power will provide a clean and economical energy source for this region, while reducing consumer vulnerability to gas shortages and inevitable gas price increases.”