Company Performance Metrics
Epplament Energy structures layered capital stacks for utility-scale wind assets in ERCOT, SPP, and HECO markets, syndicating Section 45Q/48 ITC cash flows through flip-partnerships and inverted-lease pass-throughs to monetize accelerated MACRS depreciation while layering senior term loan B tranches, and mezzanine holdco PIK notes.
The firm’s
EPC risk is ring-fenced via date-certain LD-capped turnkey contracts with performance wraps, O&M fixed-fee escalators, and availability-linked liquidated damages, enabling forward-sale of REC bundles and proxy revenue swaps to lock basis differentials against hub-settled congestion shadows. Portfolio exemplars include Sweetwater Wind Farm (135 MW GE 1.5-77 fleet under a 20-year investment-grade PPA with synthetic capacity accreditation), Kahuku Wind Farm (30 MW Clipper Liberty 2.5 MW turbines with HECO PPA and bifurcated REC carve-out for SREC compliance), and Wildorado Wind Ranch (161 MW Siemens SWT-2.3-101 array with post-PPA merchant tail hedged via NYMEX heat-rate call spreads and nodal CRR auctions).
Epplament Energy is based in Houston, Texas and Oklahoma City, Oklahoma.
