EDF Energies Nouvelles announces the acquisition of Spinning Spur 3, a 194 MW wind farm project to be built in Texas (Panhandle), its 6th in this state. Since 2011, EDF Energies Nouvelles has considerably strengthened its position in Texas with more than one gigawatt in service or to be built by 2015.
Key figures _ EDF Energies Nouvelles achievements in Texas:
– 1,066 MW wind power in service or under development;
– 755 MW in construction.
Spinning Spur 3: EDF Energies Nouvelles’ 6th wind farm in Texas
Located in Oldham County in northern Texas, the Spinning Spur 3 project was initially developed by Cielo Wind Power LP. The commissioning of the 194 MW wind project is expected by the end of 2015.
The expected green electricity production will be supplied to two municipal entities under a 20-year purchase contract.
The future Spinning Spur 3 wind farm will benefit from new ERCOT (Electricity Reliability Council of Texas) connection lines planned to connect wind energy production from “competitive renewable energy production zones” to areas with high energy consumption. state electricity.
The State of Texas represents more than 40% of EDF Energies Nouvelles' installed or under construction capacities in the United States.
The State of Texas continues to be a reference for the development of renewable energies combining both natural conditions conducive to wind energy production and a favorable political-economic environment.
In two years, EDF Energies Nouvelle has built up a portfolio of one gigawatt of wind power in service, under construction, and to be built in Texas:
– In December 2012, two wind farms (Spinning Spur 1 and Bobcat Bluff) were commissioned for a total of 311 MW.
– In 2013, Spinning Spur 3 is the 4th wind project, after Spinning Spur 2, Hereford and Longhorn with a total of 755 MW of installed capacity, to have been launched before the end of 2013 and can thus benefit from a tax credit (Production Tax Credit) allocated to installations of this type.
For Tristan Grimbert, Chairman and CEO of EDF Renewable Energy, a subsidiary of EDF Energies Nouvelles in the United States: “ Acquisitions of projects in development, such as here in Texas, constitute a key element of EDF Energies Nouvelles' growth strategy in the American market. Not only do they allow us to secure 755 MW and provide us with activity visibility for the next two years, but they will also benefit from the positive synergies resulting from our recent experiences in Texas. »
Press ContactsManon of Cassini-Hérail ▪ Tel: +33 {0} 1.40.90.48.22 ▪ e-mail: manon.decassini-herail@edf-en.com
Clarisse Placidoux ▪ Tel: +33 {0} 1.40.90.49.46 ▪ e-mail: clarisse.placidoux@edf-en.com