MMA Moves into Wind Farm Development

MMA Renewable Ventures, LLC, announced plans to construct, finance and operate a 10-megawatt (MW) wind farm in north central Oregon. Upon scheduled completion in 2009, the PaTu Wind Farm is expected to produce 30,000 megawatt-hours (MWh) of energy annually.

The PáTu Wind Farm is the first wind project in MMA Renewable Ventures’ portfolio. Within the wind market, MMA Renewable Ventures plans to focus on delivering turnkey financing and project management services that facilitate community ownership of wind projects.

“MMA Renewable Ventures has a proud tradition of pioneering new ways to make clean energy easier and more cost-effective to deploy. Our entry into the wind market extends our proven financial capabilities, operational expertise and innovative approach to an entirely new group of renewable energy partners and customers,” said Matt Cheney, CEO of MMA Renewable Ventures.

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