EDF buys 200 MW Salt Fork wind energy project
The Salt Fork acquisition increases the Texas portfolio to 1.2 GW
EDF Renewable Energy (EDF) bought the 200 MW Salt Fork Wind Project from Cielo Wind Power LP. The purchase is a result of 18 months of close collaboration between the two companies to bring about the close of the acquisition transaction and the power purchase agreement with Garland Power & Light (GP&L).
Salt Fork is located in the Texas Panhandle on nearly 16,700 acres in Donley and Gray Counties, Texas, roughly 45 miles east of Amarillo. The project is expected to achieve commercial operation by the end of 2016, using the Electricity Reliability Council of Texas Competitive Renewable Energy Zone (ERCOT CREZ) transmission infrastructure.
The clean electricity and renewable energy credits generated by 150 MW of the Salt Fork Wind Project will be provided to Garland Power & Light under a long-term PPA. This agreement follows the PPA the municipal utility signed in early 2014 for a portion of the electricity generated by EDF RE’s Spinning Spur 3 Wind Project.
Since first entering the Texas market in late 2011, EDF Renewable Energy has commissioned 872 MW of wind energy capacity. The Salt Fork acquisition increases the Texas portfolio to 1.2 GW operating, under construction or in development.