PPM Energy (www.ppmenergy.com) of Portland, Ore. is part of the IBERDROLA group of companies, the world leader in wind power, with more than 6,500 MW of combined wind power capacity. PPM Energy itself has more than 2,000 megawatts (MW) of wind energy in operation or under construction. The strength of its renewable project pipeline has allowed the company to increase its 2010 target by more than 50 percent to at least 3,500 MW developed or controlled by PPM Energy. PPM Energy balances its supply portfolio with sales to wholesale customers, placing almost all of its output in long-term contracts. Major customers include the cities of Seattle, Sacramento, Eugene, Pasadena, and Anaheim, as well as investor-owned utilities such as Xcel Energy and Pacific Gas & Electric Company and the federal Bonneville Power Administration. PPM Energy also creates innovative new products to meet customer needs such as operations and maintenance services and build-to-sell products, and recently announced an expansion of its wind development activities into Canada.
The Maple Ridge project was initiated in 1999 by Atlantic Renewable Energy Corporation. In late 2004 PPM Atlantic Renewable was established through PPM Energy's acquisition of Atlantic Renewable Energy Corporation. PPM Atlantic Renewable is combining Atlantic Renewable's track record of the successful development of wind projects on the East Coast with PPM's financial and power marketing strength. PPM Atlantic Renewable has emerged as the leading developer of wind power projects on the East Coast through the successful initiation and development of more than 75% of all wind power capacity on the East Coast currently in operation or under construction.
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