EDF Sells 50-Percent Stake in New Mexico Wind Projects

 EDF Sells 50-Percent Stake in New Mexico Wind Projects

EDF Renewable Energy has sold 50-percent interest in two New Mexico wind projects to a fund managed by BlackRock Infrastructure. 

The 250-MW Roosevelt Wind Project and the 49.65-MW Milo Wind Project are the fourth and fifth projects the companies have signed agreements on since early 2015.

Roosevelt and Milo are located adjacent to each other in Roosevelt County.  With a combined 150 Vestas wind turbines, the projects supply clean energy for the equivalent of about 170,000 homes.

Roosevelt delivers electricity to Xcel Energy subsidiary Southwestern Public Service Company.

Milo’s electricity is committed to the Real-Time market in the Southwest Power Pool (SPP) Regional Transmission Organization (RTO).

Previously, EDF sold half the interest in the 200-MW Longhorn Wind Project, the 200-MW Hereford Wind Project and the 194-MW Spinning Spur 3 Wind Project.  All three wind farms are in Texas.

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


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

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