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Southern Power buys two Texas wind farms from EDF Renewable Energy

Published 23 December 2016

Southern Power, a subsidiary of Atlanta-based Southern Company, has expanded its renewable energy portfolio with the acquisition of two wind farms in Texas, US, from EDF Renewable Energy (EDF RE).

The company purchased the 174MW, 87-turbine Salt Fork wind facility in Donley County, east of Amarillo and the 126MW, 52-turbine Tyler Bluff Wind Facility along the Red River about 70 miles north of Fort Worth.

Southern Power now owns over 1GW of wind power, increasing its wholesale renewable portfolio to over 3GW.

The electricity and associated renewable energy credits (RECs) generated by the Salt Fork facility will be sold under separate, long-term contracts.

The city of Garland, Texas, has will buy 150MW of energy under a 14-year power purchase agreement. Salesforce has signed a 12-year agreement for 24MW of energy.

The majority of Tyler Bluff wind farm's output is covered by an agreement with Procter & Gamble, enabling the company to offset 100% of the electricity requirements for all its North America-based Fabric & Home Care plants.

Southern Power will have the option to keep or sell the rest of RECs.

Southern Power president and CEO Buzz Miller said: "Southern Power is committed to strategically growing our wind generation portfolio.

"We are proud to add our second and third Texas wind facilities as we continue to help meet the energy needs of our customers."

EDF RE's operations and maintenance subsidiary, EDF Renewable Services, will offer balance-of-plant services for the projects.

EDF RE vice president of portfolio strategy Raphael Declercq said: “The sale of a portion of our assets represents an integral part of our business model to maintain a balance between growing our own portfolio while continuing to help fund the development of new projects.”

 


Image: 300 MW wind projects go into service in Texas. Photo: courtesy of Business Wire.