PLUM CREEK WIND ENERGY
The 230 megawatt (MW) Plum Creek Wind project is located in Wayne County, Nebraska, and is expected to come online in 2020. It is expected to generate enough renewable energy to power up to 100,000 U.S. homes each year.
Once operational, the Plum Creek Wind project will create high-paying local jobs and will result in over $3 million in local community benefits annually in the Wayne County area. This includes much needed property tax revenues, with some of the largest beneficiaries being the Norfolk and Windside school districts.
Construction work alone is expected to create approximately 250 temporary jobs and 7-10 high-paying permanent jobs overseeing operations and maintenance.
The J.M. Smucker Company is the first to sign a long-term power purchase agreement with Lincoln Clean Energy for 60 MW of the 230 MW project.
DID YOU KNOW?
Recent survey results from Northeast Nebraska residents show:
Wind is Good for the Community
Wind power is a clean, renewable resource and is one of the fastest-growing resources of electricity production in the world. Wind turbines can be built on existing farms or ranches to benefit the economies of rural areas, where many of the best wind production sites are found. Farmers and ranchers can keep working their land around wind turbines because they only use a fraction of the total land area. In exchange for playing host, these farmers and ranchers collect rental payments from wind power plant owners that provide them with additional income and cushion them from volatile commodity prices. Wind also creates lots of jobs. The U.S. wind sector employed more than 100,000 workers in 2016 and generated an annual economic impact of about $20 billion on the U.S. economy, according to the U.S. Office of Energy Efficiency and Renewable Energy. Over the past 10 years, cumulative wind power capacity in the U.S. increased by an average of 30 percent per year and wind now has the largest renewable generation capacity of all renewables in the U.S.
MYTHS & FACTS
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ABOUT LINCOLN CLEAN ENERGY
Lincoln Clean Energy is a developer, owner, and operator of clean power projects with a particular focus on wind and solar power in the United States. The company has successfully developed projects involving over $2 billion in capital investment in some of the largest electricity markets in the United States (including Texas, California and New Jersey). The Lincoln Clean Energy management team has a proven track record in power project development both at the company and at prior firms. With over 150 years of combined experience, the management team’s efforts have led to the construction of over 4,500 megawatts of clean energy in North America and Europe over the past 10 years.
In late 2015, Lincoln Clean Energy was acquired by I Squared Capital through its $3 billion ISQ Global Infrastructure Fund. Following this transaction, the company is now positioned to be the long-term owner of the projects it develops.