Enel

Regulatory Filings • May 9, 2017

Informazione Regolamentata n. 0116-49-2017		Data/Ora Ricezione 09 Maggio 2017 15:50:05	MTA
Societa'	:	ENEL
Identificativo Informazione Regolamentata	:	89134
Nome utilizzatore	:	ENELN04 - Giannetti
Tipologia	:	IROS 14
Data/Ora Ricezione	:	09 Maggio 2017 15:50:05
Data/Ora Inizio Diffusione presunta	:	09 Maggio 2017 15:50:06
Oggetto	:	Enel starts construction of new 298 MW wind project in the United States
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ENEL STARTS CONSTRUCTION OF NEW 298 MW WIND PROJECT IN THE UNITED STATES

• The Thunder Ranch wind farm will be able to generate more than 1,100 GWh each year
• Overall investment in the construction of Thunder Ranch amounts to approx. 435 million US dollars

Rome, May 9 th, 2017 – Enel S.p.A. ("Enel"), through its subsidiary Enel Green Power North America, Inc. ("EGPNA"), has started construction of the Thunder Ranch wind farm in the United States which, once completed, will have a total installed capacity of 298 MW.

The overall investment in the construction of Thunder Ranch amounts to approximately 435 million US dollars, which is part of the investment outlined in Enel's current strategic plan, and will be financed through the Enel Group's own resources. The wind facility, which is owned by EGPNA subsidiary Thunder Ranch Wind Project, LLC and located in Garfield, Kay and Noble Counties, Oklahoma, is expected to enter into service by the end of 2017. Once fully operational, Thunder Ranch will be able to generate more than 1,100 GWh annually – equivalent to the energy consumption needs of more than 89,400 U.S. households – while avoiding the emission of about 790,000 tonnes of CO² each year. The wind farm will be supported by long-term agreements for the sale of power and renewable energy credits.

Enel currently ranks as the second largest wind energy operator in Oklahoma, where it recently started construction at its new 300 MW Red Dirt wind project. The company already operates the wind farms Rocky Ridge (150 MW), Chisholm View I & II (300 MW in total), Origin (150 MW), Osage Wind (150 MW), Little Elk (74 MW), Goodwell (200 MW) and Drift Sand (108 MW) for a total managed capacity of more than 1.1 GW and overall investment of nearly 2 billion US dollars.

EGPNA, part of the Renewable Energies division of the Enel Group, is a leading owner and operator of renewable energy plants in North America with projects operating and under development in 23 U.S. states and two Canadian provinces. EGPNA operates around 100 plants with a managed capacity exceeding 3.3 GW powered by renewable hydropower, wind, geothermal and solar energy.

Enel Green Power, the Renewable Energies division of Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of 38 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies like storage systems into renewables power plants.