Briefing on Crescent Ridge

Crescent Ridge is an operational 53 MW onshore wind plant in Illinois, owned and operated by Leeward Asset Management, LLC, showing a recent 26% decline in generation over the past six months.

Overview

• Crescent Ridge is an Operating onshore wind plant located in Illinois.

• It has been operational since 2005.

• The plant is operated and owned by Leeward Asset Management, LLC.

• It is interconnected with the PJM Interconnection ISO and BA, and the RFC NERC region.

Fleet Details

• The plant has a total generating capacity of 53 MW.

• It utilizes 1 Onshore Wind Turbine generator.

• The annual generation is 216 GWh with a capacity factor of 46.6%.

• Recent monthly generation includes 20 GWh in October 2024, 23 GWh in November 2024, and 20 GWh in December 2024.

• Generation has shown a downward trend of 26% over the past 6 months compared to the prior 6 months.

Financial Profile

• The capital expenditure (CapEx) for Crescent Ridge is $1895/kW.

Crescent Ridge is a mature wind asset with solid capacity factor, but recent generation trends indicate a notable decline, which warrants further investigation into operational efficiency or market conditions. The relatively high CapEx per kW suggests a significant initial investment for this 2005-commissioned plant.