EDF Renewable Energy (EDF RE) acquired the 200-MW Salt Fork Wind Project from Cielo Wind Power LP (Cielo). Salt Fork sits on approximately 16,700 acres in the Texas Panhandle, in Donley and Gray Counties.
The project is expected to achieve commercial operation by the end of 2016, utilizing ERCOT’s Competitive Renewable Energy Zone (CREZ) transmission infrastructure. The renewable energy credits (RECs) generated by 150-MW of the Salt Fork Wind Project will be provided to Garland Power & Light under a long-term Power Purchase Agreement.
“We are pleased to expand our relationship with Garland Power & Light to include the Salt Fork Wind Project, building upon the Spinning Spur 3 Wind Project, which is presently under construction and expected to be completed later this year,” commented Ryan Pfaff, executive vice president at EDF Renewable Energy. ”The diligent collaboration between Cielo and EDF Renewable Energy demonstrates the value of long-term relationships; Salt Fork represents the third wind project we have successfully acquired from Cielo in late-stage development.”
Since entering the Texas market in late 2011, EDF Renewable Energy has commissioned 872-MW of wind energy capacity. The acquisition increases the Texas portfolio to 1.2GW operating, under construction or in development.
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