EDF buys 200 MW wind energy project from RES Americas

EDF Renewable Energy bought the 200 MW Longhorn North Wind Project from Renewable Energy Systems Americas Inc. (RES Americas).

RES Americas will construct Longhorn, its 18th renewable energy project in Texas, under a balance-of-plant agreement. Construction on the 200 MW project will begin in time to qualify it for the production tax credit (PTC) and is slated for completion at the end of 2014.

The project, located in Floyd and Briscoe counties, 60 miles northeast of Lubbock, Texas, will use the Competitive Renewable Energy Zone (CREZ) transmission lines to connect the wind power capacity of the Texas Panhandle to high electricity demand areas in the state.

EDF Renewable Energy has also secured a long-term, fixed-price hedge agreement for the expected energy production of the project.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs