Wynn Las Vegas Introduces Solar Energy Facility That Will Enable Future Development, Paradise Park, To Run On 100 Percent Renewable Energy

Under the terms of the agreement with Enel Green Power North America, Inc. (EGPNA), Wynn Las Vegas will begin receiving power in the first half of 2018 which will be used to offset up to seventy-five percent of the resort's current peak power requirements until Paradise Park opens. This is the largest percentage of renewable energy used by any resort in Las Vegas, and an industry first for a gaming operator in Nevada.

"The use of renewable energy is a significant part of the future management of our energy needs in all Wynn developments," said Steve Wynn, chairman and CEO of Wynn Resorts. "We welcome every opportunity to protect and enhance our environment, save money and serve our guests and employees."

Owned and operated by EGPNA, The Wynn Solar Facility is a stand-alone solar photovoltaic project located in Fallon, Nevada adjacent to the existing award-winning Stillwater hybrid facility, and will share the existing connection infrastructure with the geothermal-solar hybrid plant. The Wynn Solar Facility will generate up to 27 MWdc of renewable energy, equivalent to 20 MWac, to power the resort. With this renewable energy resource offsetting such a sizable percentage of Wynn's peak power needs, the resort will far exceed requirements outlined in the Nevada Renewable Portfolio Standard.

"Nevada is the national leader in geothermal and solar generation per capita and our gaming and tourism industries are second to none," said Nevada Governor Brian Sandoval. "The partnership between Enel Green Power and Wynn's Paradise Park is the merging of the Silver State's growing renewable energy industry and gaming, one of our state's oldest industries. This is a meaningful step in Nevada's energy future and I am grateful that these companies worked together to use the state's renewable energy resources for the benefit of Nevada companies and our environment."

Combined with the recently installed solar panels covering 103,000 square feet of Wynn's rooftop, enough renewable energy will be generated to power 5,056 homes and eliminate 33,734 metric tons of CO2 emissions from the environment annually.

Wynn Las Vegas is committed to increasing sustainable design practices, creating and sourcing renewable energy, and exceeding LEED Gold Building Certification standards for projects in Las Vegas as well as Wynn Boston Harbor, currently under construction in Everett, Massachusetts.

ABOUT WYNN LAS VEGAS
Wynn Resorts (Nasdaq: WYNN) is the recipient of more Forbes Travel Guide Five Star Awards than any other independent hotel company in the world. Wynn Las Vegas opened on April 28, 2005 and was once again named the best resort in Nevada on Condé Nast Traveler's 2018 "Gold List," a title received for the tenth time. Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,750 spacious hotel rooms, suites and villas, approximately 192,000 square feet of casino space, 22 dining experiences featuring signature chefs and 11 bars, two award-winning spas, approximately 290,000 square feet of meeting and convention space, approximately 103,000 square feet of retail space as well as three nightclubs, a beach club and recreation and leisure facilities. In addition to two luxury retail esplanades, a Strip-front expansion, Wynn Plaza, is currently under construction and is scheduled to be completed by the third quarter of 2018. For more information on Wynn and Encore Las Vegas, visit www.wynnpressroom.com, and follow @WynnLasVegas on Twitter, Instagram and Facebook.

SOURCE Wynn Las Vegas

Related Links

http://www.wynnlasvegas.com