Asset Management, Project Development, Wind Power

Service Contract Secured for 888 Wind Turbines

SeaWest Asset Management, LLC has recently signed contracts with Enron Wind Systems, LLC to provide operations and maintenance services for the next five years. Under the terms of the contract, SeaWest will operate three projects with 888 wind turbines totaling 61.5 MW. The projects include the Santa Clara site located in the Altamont Pass, California in addition to the Painted Hills and Mesa sites located in Palm Springs, California. The sites employ Vestas V-15 and V-17 wind turbine technology.

San Diego, California – May 13, 2003 [SolarAccess.com] “These contracts are indicative of SeaWest’s dedication to growing our operations and maintenance business by providing industry leading services focused on asset optimization,” said Marty Crotty, Senior Vice President of Operations. “Our operations and maintenance teams continuously strive to increase customer satisfaction by improving asset reliability and efficiency. The performance based contracts with Enron Wind Systems ensure both parties interests are aligned by sharing risk and reward opportunities.” “SeaWest was selected based on their leadership in the wind generation industry and strong strategic focus,” said John Keller, COO for Enron Wind Systems. “SeaWest’s excellence in operations & maintenance, ability to quickly execute contracts, 20 years of experience operating similar projects and competitive pricing clearly put them ahead of the competition. We are extremely pleased to be working with SeaWest as they provide a high degree of professionalism as well as bring a new dimension to the wind industry by combining Reliability Centered Maintenance, Information Technology and top-notch wind industry know-how to help maximize the value of our assets.” SeaWest WindPower, Inc. was founded in 1982, and is a leading independent and full service developer, builder, and long-term operator of utility-scale wind power projects around the world. The company has installed over 3,239 turbines totaling nearly 830 MW in the U.S. and Europe. As well as actively developing projects throughout the United States, SeaWest also has over 457 MW under operations and maintenance.