EDF ropes GE for Texas venture
200MW Hereford project acquired from Lincoln Renewable Energy
EDF Renewable Energy has signed a 200MW turbine supply deal with GE for deployment at the Hereford wind farm in Texas.
The wind farm will feature 1.85MW units and was originally developed by Lincoln Renewable Energy.
EDF purchased the first phase of the project in the summer and holds an option that could push the total deal to 500MW.
The new owner has also "successfully secured a long-term hedge on the first phase of this project".
“The execution of the turbine supply agreement, along with the closing of a long-term hedge, are important elements of our near-term US wind business plan,” commented EDF executive vice president Ryan Pfaff.
“The deal can largely be credited to our long-term relationships with both GE and our hedge provider and the confidence amongst the parties that each will deliver on its respective commitments.”
Image: EDF's existing Spinning Spur project in Texas (EDF)