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Invenergy – Sale of Corriegarth Wind

Invenergy Announces Sale of Corriegarth Wind Energy Center
to Greencoat UK Wind PLC

Invenergy, North America’s largest, privately-held renewable energy company, today announced the sale of its Corriegarth Wind Energy Center (“Corriegarth”) to Greencoat UK Wind PLC (“Greencoat”). The 69.5 megawatt (MW) facility is located in Scotland, approximately 31 kilometers southwest of Inverness.

Financing for Corriegarth was completed in October 2015 and the project was commissioned in April 2017. The Project has one of the most robust wind resources in the United Kingdom and utilizes 23 Enercon E82 wind turbine generators. Corriegarth achieved Renewable Obligation Certificates accreditation in September 2016 and is party to a 15-year power purchase agreement with a leading U.K. utility.

“Corriegarth is our second operating wind farm in Scotland and is situated in an area with great wind resources,” said Invenergy’s President and Chief Operating Officer Jim Murphy. “We are proud of our development and construction of this project and pleased to transfer ownership to Greencoat, a company with a reputation of investing in successful renewable projects.”

Gerry Zack2017-09-01T16:25:33-04:00

Renewable Energy Independence Day™

Thank you for Supporting Renewable Energy Independence Day

Renewable Energy Independence Day™ is an initiative of the US Renewable Energy Association (USREA.org). The Nationwide Petition Drive asks Congress for a declaration of July 3rd as a date where national efforts toward achieving renewable energy use of (50.4%), as compared to non-renewable energy resources is acknowledged as a goal. This initiative supports the idea that before the U.S. can truly have Independence Day on July 4th, the U.S. must achieve Renewable Energy Independence.

The current national percentage of Renewable Energy Electricity use in 2019 (Approx 17%), represents a current Renewable Energy Day of March 2nd, (if a one year supply of renewable energy electric were used exclusively beginning January 1st, it would last until March 2nd). The goal of the United States Renewable Energy Association, along with supporting companies and like minded individuals, is to have a goal declaring July 3rd as the nationally recognized tipping point goal in clean energy production. It is structured somewhat like Tax Freedom Day.

The petition is available at usrea.org and is supported by multiple National Alternative Energy companies, associations and individuals. The goal is to have 200K signatures available before July in a national social media campaign delivered to the U.S. Congress.

United States
In the United States, Renewable Energy Day for 2020 is March 2nd for a total average effective use rate of 17% of the nation's energy use based on published data from the U.S. Energy Information Administration. (In 2015, the energy use was February 18th and 13% )

Renewable Energy Day is the first day of the year in which a nation as a whole has theoretically switched from Renewable Energy use, from all sources, and moved to the balance of yearly energy production from non-renewable sources such as coal, petroleum, natural gas, nuclear, etc.

Purpose
According to Gerald B. Zack, President/CEO, USREA, “The purpose of Renewable Energy Independence Day is to provide US citizens a metric with which to estimate progress in the use and deployment of Renewable Energy Technologies. The premise is that by comparing the relative energy use in a date reference, progress toward the tipping point of July 3rd can more easily be assessed.“

The petition language will be sent to the U.S. House of Representatives and U.S. Senate in the following form:

Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, Leader Schumer:

On behalf of a bipartisan constituency of renewable energy advocates from across the USA, we are writing to urge you to support our initiative for a National Declaration of Renewable Energy Independence Day on July 3rd. With this declaration, July 3rd will represent the yearly tipping point of more than 50% renewable energy use in the U.S. in a manner similar to tax freedom day. July 3rd is 50.4% into the calendar year, and as such can become an ambitious but achievable goal.

It is our position that energy independence is critical for our national security, future job growth, and national sustainability. July 3rd marks a clearly definable target that is inclusive of the entire clean technology sector. March 2nd is representative of 17% of the calendar year, or the amount of electric power from renewable energy in the USA in 2019. The Congressional Declaration will provide a metric that provides flexibility throughout the industry to find the best overall solutions to meet our increasing energy demands with clean alternatives in mind.

We also believe it is symbolically important to recognize all the public policy benefits of renewable energy, including a diversified energy portfolio, public health benefits, domestically-sourced energy, and others.

We appreciate your consideration and look forward to working with you on this important matter.
Sincerely,

United States Renewable Energy Association ( usrea.org )

**your signature**

Invenergy – Sale of Corriegarth Wind

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