Willow Creek Wind Farm
Acquisition partners included: Mark Zoller and Ross Miles jointly; dba Willow Farms, LLC.
The acquisition included over a dozen personally held investment property for the undeveloped ground in 2003. Total original acquisition value of the exchanged equities was in excess of $6MM.
Wind Farm development. After acquisition of the farm ground Mark and Ross successfully negotiated the ground lease for a $155MM, 72 MW wind production on a 30 year term ground lease with options for expansion. 72 megawatts is sufficient electricity to meet the power needs of over 36,000 homes annually.
The wind farm involved a 5 year process for environmental approvals and permits and is operated and managed in conjunction with a tenant operated 800 acre irrigated farm and 3000 acres of dry-land cattle/sheep ranching.