EDP Renewables North America and Indiana Michigan Power (I&M) signed a 20-year power purchase agreement Monday for a new wind power project in Indiana, clearing the way for construction to begin before the end of the year.
The Headwaters Wind Farm will be built in Randolph County and will add 200 MW of wind power to I&M’s generation portfolio, bringing the company’s total wind power capacity to 450 MW. I&M is a unit of American Electric Power (NYSE: AEP).
The wind farm’s turbines will be connected to the AEP transmission system and deliver power to I&M customers in both Michigan and Indiana, according to a release from AEP.
I&M issued a request for proposals in February to fulfill its commitment under a consent order negotiated with the U.S. Environmental Protection Agency, several northeastern states and various environmental groups. The consent order requires the company to add 200 MW of new wind energy.
According to I&M President and Chief Operating Officer Paul Chodak III, the power purchase agreement is an important step in the company’s efforts to diversify its generation portfolio. The wind farm is expected to be fully operational by the end of 2014.
Read more wind energy news