EDF RENEWABLES ACQUIRES NEBRASKA WIND PROJECT.

 
FREE EXCERPT

EDF Renewables North America has closed on a purchase agreement with York Nebraska Wind Partners, LLC, a partnership comprised of Aksamit Resource Management, LLC and York Capital Management for 100-percent of the interests in the 300 megawatt (MW) Milligan 1 Wind Project located in Nebraska. The Project is currently in development with anticipated operation to commence in late 2020.

The Project, sited in Saline County in southern Nebraska, will sell its generated energy and Renewable Energy Credits (RECs) into the Southwest Power Pool. Milligan 1 Wind marks the first project for EDF Renewables in Nebraska.

EDF Renewables is pleased to bring 30 years of expertise in development, construction, and operation to Nebraska, commented Matthew McCluskey, Senior Director of Development for EDF Renewables. Nebraska's abundant wind resource and supportive regulatory environment combine to create an opportunity for EDF Renewables to bring the benefits of jobs, landowner payments, and state and local tax revenue to the local community.

The expected electricity generated at full capacity is enough to meet the consumption of up to 115,000 average homes. This is equivalent to avoiding more than 900,000 metric tons of CO2 emissions annually1 which represents the greenhouse gas emissions from 190,000...

To continue reading

FREE SIGN UP