Aspenall Energies is a wholly owned subsidiary of Treehouse Investments, LLC.
Aspenall Energies was founded in 2007 in Puerto Rico with the goal of developing community-scale and distributed generation renewable energy projects. We developed, installed, and operated the first industrial-scale wind project on the island, providing the power from a 500 kW wind project to Bacardí Corporations’ distillery in Cataño under a power purchase agreement. The project was transferred to Bacardí after ten years of operation. We also negotiated a number of power purchase agreements with various private and public entities on the island.
With the increasing fiscal issues facing the Puerto Rican government and the entrenched resistance of the Puerto Rico Electric Power Authority to the development of distributed renewable energy projects, we shifted our focus away from the Caribbean. In the Midwest, we have found the supportive regulatory environment and actively engaged community necessary to foster the development of community-scale renewables.
In 2014, we purchased the Grant County Wind Project, a 20 MW wind energy project located in Western Minnesota and developed pursuant to that state’s Community Based Energy Development Program (C-BED).
In 2016, we developed the South Fork Wind Project, a 13 MW wind park located in Jackson County, Minnesota, which sells electricity to Muscatine Power and Water in Muscatine, Iowa.
In 2017, we began development of our largest project to date, a 30 MW wind energy generation plant located in Kimball, Nebraska. The project went online in the second quarter of 2018 and provides power to the Municipal Energy Agency of Nebraska through a long-term PPA.
We are actively pursuing more community-scale projects in the Midwest, and in 2017 moved our headquarters from Dorado, Puerto Rico to Minneapolis, Minnesota.
What is Community Scale Wind?
The term Community Scale is defined in many ways, but for us it means projects of a relatively small size (from less than 1 MW to about 50 MW) that directly benefit the community where the project is located. These fit into two categories. One is direct community ownership. Several jurisdictions have incentives that define and directly promote community-scale projects, and define the requirements for qualification, which usually involve partial ownership by bona fide local residents. The second category are Distributed Generation projects, where the benefit of the renewable energy generated goes directly to individuals or industries in a community, thereby directly impacting the community. Projects can also be considered community projects if they disproportionately benefit the community where they are located as compared to utility-scale projects, either because the developers and owners of the projects are bonafide local residents and employ local labor, or because the project provides additional benefits to the community. For more information about Community Scale wind projects please visit distributedwind.org