RES Americas sells 150 MW of wind power to Arkansas cooperative
The wind energy generated by this project will provide a financial hedge against fluctuating fuel prices, including natural gas
The wind power will be sourced from the Origin Wind Energy project, which is located in Murray and Carter Counties in southeast Oklahoma. RES Americas developed and will construct the 75-wind turbine project, which is scheduled to begin commercial operation by December 31, 2014. AECC will be the sole recipient of the electricity generated.
According to AECC, the wind energy generated by this project will provide a financial hedge against fluctuating fuel prices, including natural gas. The utility company will have 201 MW of wind energy in its portfolio with this addition.
AECC's agreement was made possible through the National Renewables Cooperative Organization (NRCO), which enables cooperatives nationwide to pool the ownership and benefits of renewable power.