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 2024, the project generated approximately 420,472 megawatt hours (MWh) and offset 281,716 metric tons of CO2, bringing the total since the project was placed in service to approximately 1,533,238 MWh and 1,071,081 metric tons of CO2 offset.**
  • In 2024, the project generated enough electricity to power the equivalent of approximately 40,696 average U.S. homes for one year, bringing the total since the project was placed in service to approximately 144,280 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 2024, the project generated approximately 1,032,386 megawatt hours (MWh) and offset 691,699 metric tons of CO2, bringing the total since the project was placed in service to approximately 4,118,393 MWh and 2,880,714 metric tons of CO2 offset.**
  • In 2024, the project generated enough electricity to power the equivalent of approximately 99,921 average U.S. homes for one year, bringing the total since the project was placed in service to approximately 387,257 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