Friday, June 16, 2017

EDF Renewable Energy Sells Half Of Oklahoma Wind Project

San Diego-based renewable energy developer EDF Renewable Energy announced early Friday moring that it has sold off 50 percent of the Great Western Wind Project, a 225 megawatt wind energy project it is developing in Oklahoma for Google. Financial details of that sale were not announced. The company said the stake goes to Alliant Energy Corporation, which will pay cash for its 50% equity stake. EDF RE said it will continue to provide management services, with EDF Renewable Services providing operations and maintenance services and monitoring of the project. All of the electricity being generated by the wind turbines at the Great Western Wind project is being provided to Google, under a long-term Power Purchase Agreement (PPA).

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