In January of 2021, Southern Power completed its fourth green bond issuance, the $400 million Series 2021A.

Below you can see the specific Eligible Green Projects to which Southern Power has allocated the green bond proceeds ($396.6 million), and Southern Power's management assertion letter together with the independent accountants' attestation report.

Wildhorse Mountain Wind Facility

Boulder Solar
  • Amount Allocated: $38.9 million
  • In Service: December 2019
  • Location: Pushmataha County, Oklahoma
  • Capacity: 100 MW
  • Generation Resource: Wind Turbine
  • Electricity generated by the plant serves a 20-year power purchase agreement with Arkansas Electric Cooperative Corporation (AECC), which has the option to keep or sell the associated renewable energy credits (RECs).*
  • In 2021, the project generated approximately 390,348 megawatt hours (MWh) and offset 276,757 metric tons of CO2, bringing the total since the project was placed in service to approximately 390,348 MWh and 276,757 metric tons of CO2 offset.**
  • In 2021, the project generated enough electricity to power the equivalent of approximately 36,427 average U.S. homes for one year, bringing the total since the project was placed in service to approximately 36,427 homes.***
  • Fact Sheet

* If the RECs are re-sold, the ultimate purchaser of the RECs gains the exclusive right to claim that its load received any and all environmental benefits associated with the renewable energy generated.

** Per the EPA Environmental Impacts Calculator

*** Per the EIA annual average residential electricity consumption

Deuel Harvest Wind Farm

Deuel Harvest Wind Farm
  • Amount Allocated: $357.7 million
  • In Service: February 2021
  • Location: Deuel County, South Dakota
  • Capacity: 300 MW
  • Generation Resource: Wind Turbine
  • The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under two separate power purchase agreements — a 25-year agreement with Great River Energy, expected to commence January 2023, and a 15-year agreement with Northern States Power Company, a subsidiary of Xcel Energy, expected to commence in October 2021.*
  • In 2021, the project generated approximately 900,629 megawatt hours (MWh) and offset 638,546 metric tons of CO2, bringing the total since the project was placed in service to approximately 900,629 MWh and 638,546 metric tons of CO2 offset.**
  • In 2021, the project generated enough electricity to power the equivalent of approximately 84,045 average U.S. homes for one year, bringing the total since the project was placed in service to approximately 84,045 homes.***
  • Fact Sheet

* If the RECs are re-sold, the ultimate purchaser of the RECs gains the exclusive right to claim that its load received any and all environmental benefits associated with the renewable energy generated.

** Per the EPA Environmental Impacts Calculator

*** Per the EIA annual average residential electricity consumption

Management Assertion and Independent Accountants' Attestation Report