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Edison Will Buy Power From Sempra’s Baja Wind Farm

A Sempra Energy subsidiary plans to develop a 250-megawatt wind-power generation project in Baja California, Mexico, and sell at least part of that power to Southern California Edison.

Sempra Generation announced its plans June 29 to develop the wind farm. It announced a 20-year contract with Edison on July 2.

The news marks Sempra’s entrance into the renewable-energy-development business.

A co-development agreement between Sempra Generation and San Diego-based Cannon Power Corp. required Sempra Generation to purchase the development assets for the proposed La Rumorosa Wind Power project.

The capital investment for the project’s development is estimated at $400 million. Under the agreement, Cannon Power will provide technical assistance and co-develop the project.

The proposed project would house 125 wind turbines near the town of La Rumorosa, 70 miles east of San Diego, close to the international border. The project could be in operation by mid- to late 2010.

In order to ensure the development, construction and operation of the extensive project, Sempra said it would pursue renewable-energy-supply contracts with major utilities in the southwestern United States and Mexico.

Sempra Generation’s 20-year contract with Southern California Edison will provide the Los Angeles-area utility with up to 250 megawatts from the proposed power plant. The contract, which would begin in 2010 with the completion of the plant, is awaiting approval from the California Public Utilities Commission.

Southern California Edison is a subsidiary of Edison International, a public utility holding company based in Rosemead. SCE provides energy to Central and Southern California.

Cannon Power is a developer of wind power projects with more than 25 years of experience in developing, constructing and operating wind turbine facilities in the United States and internationally.

Sempra Generation owns numerous power plants serving western U.S. customers. Sempra Energy trades on the New York Stock Exchange as SRE. Shares closed July 2 at $60.44, up $1.21 from their previous close.

, Sam Blanchard

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