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Enel Green Power begins construction on $180m US wind farm

CTBR Staff Writer Published 18 January 2016

Enel Green Power has commissioned construction on the new 108MW Drift Sand wind project in the US state of Oklahoma.

Owned by Drift Sand Wind Project, the wind farm would see an investment of around $180m. This investment forms a part of the company's current business plan.

Expected to become operational by the end of this year, the wind farm is anticipated to generate close to 480GWh of clean electricity annually which will be enough to power more than 39,000 homes in the country.

The project is being backed by the company's own resources and all of the power and renewable energy credits from Drift Sand will be sold under a bundled, long-term power purchase agreement.

Enel Green Power general manager and CEO Francesco Venturini said: "With the start of yet another construction site we continue to solidify our company's ongoing investment in the US.

"Looking to the future, EGP is well positioned to be a leading player in the ongoing growth in the renewable energy market in the U.S. We will play an active role through the implementation of our business strategy, which is focused on technology diversification, innovation and development of strategic partnerships."

The company has recently bought a 78.6% stake in Erdwärme Oberland from Erdwärme Bayern, marking its first foray into the German clean energy market.

This deal would lead to the development of a 26MW geothermal project in Southern Germany.