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Committee approves lower financial-assurance estimate for California Ridge wind farm
Summary
The Champaign County Environment and Land Use Committee approved an updated decommissioning financial-assurance estimate for the California Ridge Wind Farm after staff reported a roughly 16% net decrease in projected decommissioning costs, reflecting a revised methodology and lower salvage values.
Ben Coakley, an asset manager with TerraForm Power, told the Champaign County Environment and Land Use Committee that company representatives and HDR Engineering—hired as the independent engineering firm—were present to answer technical questions about updates to the wind farm decommissioning plan. “HDR served as the independent air engineering firm responsible for preparing the proposed updates to the decommissioning plan,” Coakley…
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