RES sells Oklahoma wind power project to Exelon

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Solar and wind developer Renewable Energy Systems, has sold the Bluestem Wind Project to Exelon Generation.

Exelon Generation is the nation's 12th largest wind power producer with a combined 1,500 MW of wind generation and more under construction.

RES developed the project and is the engineering, procurement and construction contractor. The transaction closed on December 24, 2015 with a notice to proceed for construction being issued at that time.

RES simultaneously executed the wind turbine supply agreement with Vestas. Construction of the project will begin immediately, providing up to 300 jobs during the peak of construction.

The 198 MW project will consist of 60 Vestas 3.3 MW V117 wind turbine generators and will be located in Beaver County, Oklahoma. Construction is scheduled to be completed at the end of 2016, bringing an about 845,000 MWh per year to the Southern Power Pool electrical system – enough to power over 77,000 U.S. homes.

RES has been committed to bringing renewable energy to Oklahoma, having constructed over 850 MW of the wind in the state. Bluestem is RES' seventh and will be Exelon Generation's first wind project in Oklahoma. Wind and other clean energy sources are important elements of Exelon's strategy to offer more low-carbon electricity in the marketplace.

A power purchase agreement for the project has been executed with Google and was announced on December 3, 2015 on Google's Official Blog.

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