TradeWind Energy, GRDA to deliver wind energy to Oklahoma electric customers

TradeWind Energy entered into long-term renewable energy purchase agreements with the Grand River Dam Authority (GRDA) to deliver low-cost wind energy from two Oklahoma wind projects.

Together the 136 MW Mustang Run project in Osage County and the 98 MW Breckinridge project near Enid will produce renewable energy for about 65,000 Oklahoma homes.

With Mustang Run and Breckinridge, TradeWind will have developed or begun construction on six wind projects in Oklahoma since 2011. The projects represent just under 1 GW of capacity, $1.6 billion in capital investment and well over $200 million in aggregate landowner payments.

The Mustang Run wind project will be developed on 16,000 acres in Osage County, ten miles west of Pawhuska, Oklahoma. The 20-year power purchase agreement between TradeWind Energy and GRDA for 136 MW was approved by the GRDA board of directors. An estimated 150 people will be employed during the construction phase with the fully operational project requiring up to ten full-time workers.

The Breckinridge wind project will be developed on approximately 10,000 acres in Garfield County just north of the town of Breckinridge. The 20-year power purchase agreement with GRDA for 98 MW was approved by the GRDA board.

Each project is expected to contribute up to $2 million annually in direct payments to the respective local communities via property taxes and rent payments to landowners who will host the turbine easements over the 20-year contract terms.

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