Under the sales agreement, Sempra U.S. Gas & Power and Consolidated Edison Development holding companies will each own a 50-percent interest in the wind facility. Sempra U.S. Gas & Power will continue to provide operations and maintenance services for the plant, which generates enough renewable energy to power about 30,000 Nebraska homes.
"We are pleased to partner with Consolidated Edison Development on our newest wind farm as we continue to diversify our renewables portfolio and demonstrate our commitment to clean energy development," said Kevin C. Sagara, vice president of renewables for Sempra U.S. Gas & Power. "This strategy supports our ongoing plan to redeploy proceeds into new renewable projects."
"ConEdison Development has built a strong working relationship with Sempra U.S. Gas & Power, and we believe that this first joint wind project will be as successful and beneficial as our joint solar facilities," said Mark Noyes, senior vice president and chief operating officer of ConEdison Development. "Together with Sempra U.S. Gas & Power, we are committed to building a cleaner and more sustainable future."
Construction on the Broken Bow II wind farm began in January 2014. It provided a boost to the local economy by creating more than 300 jobs during peak construction. Broken Bow II was placed into commercial operation in October 2014.
Earlier this year, the companies announced an agreement to partner in five solar projects in Nevada and California. To date, Sempra U.S. Gas & Power and Consolidated Edison Development have partnered in six solar facilities and one wind facility. The terms of the agreement were not disclosed.