Geronimo Energy Acquires Green River Wind Farm in North Central Illinois from Mainstream Renewable Power

Geronimo Energy Acquires Green River Wind Farm in North Central Illinois from
                          Mainstream Renewable Power

PR Newswire

MINNEAPOLIS, Jan. 23, 2014

MINNEAPOLIS, Jan. 23, 2014 /PRNewswire/ -- Minnesota-based Geronimo Energy and
Dublin, Ireland-based Mainstream Renewable Power announced today Geronimo's
acquisition of Mainstream's Green River Wind Farm located in Whiteside, Lee
and Bureau Counties in Illinois. Geronimo Energy is already at the advanced
stages of developing the 210 megawatt (MW) Walnut Ridge project, which is
adjacent to the Green River project. Together, the Walnut Ridge and Green
River wind farms represent up to 435MW of clean wind energy.

Immediately following the acquisition, Geronimo took steps to qualify Green
River under the Production Tax Credit (PTC), which expired December 31, 2013.
Although the PTC was allowed to expire at the end of 2013, Green River will
still be eligible to receive tax credits under the PTC for upwards of 10
years. Geronimo took the same steps for Green River's sister farm, Walnut

Green River is an up to 225MW wind farm development that Mainstream began
working on in 2009, with the acquisition of two transmission queue positions
from FPC Services, Inc. It encompasses 13,500 acres of land located
approximately two hours southwest of Chicago. The area is primarily flat
agriculture land that boasts tremendously competitive wind speeds for the
Illinois PJM market.

"This acquisition benefits all interested parties," Blake Nixon, Geronimo
Energy President, comments. "It gives Geronimo flexibility and scalability
when speaking with power purchasers - and it means the local communities have
one point of contact, which keeps communication very simple. We feel that
having two projects side by side in such a desirable market as Illinois
strengthens the prospects for both developments."

"Geronimo Energy's agricultural roots, combined with their regional
development experience and financial backing, makes them an ideal partner in
moving Green River to construction. We look forward to continuing to support
Geronimo Energy in delivering the project into operation," said Matt Boss, VP
North America Development & Operations.

Geronimo Energy

Geronimo Energy is a utility-scale wind and solar energy developer based in
Edina, Minnesota. Geronimo has developed three active wind farms in Minnesota,
and has a development pipeline of wind and solar projects in various stages of
development throughout the United States. In 2013, Geronimo signed nearly
1,000 megawatts of projects under Power Purchase Agreements (PPA). Geronimo
has a strategic partnership with Enel Green Power North America, giving it the
credibility and capital strength necessary to deliver on large energy

Mainstream Renewable Power

Mainstream Renewable Power is one of the world's leading independent
developers of renewable energy projects. With a development pipeline of over
19GW globally it is currently constructing solar and wind farms across
Ireland, South Africa, Chile and Canada. As Europe's leading independent
offshore wind developer Mainstream is developing just under 8GW of offshore
wind projects in England, Scotland and Germany with 4.45GW of secured grid
connection for these offshore projects. It employs 160+ experienced staff
across four continents with offices in Berlin, Cape Town, Chicago, Dublin,
Glasgow, Johannesburg, London, Santiago and Toronto.

Contact: Lindsay T. Smith, (952) 988-9000,

SOURCE Geronimo Energy

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