enXco, the US subsidiary of EDF Energies Nouvelles, has signed an agreement with Cielo Wind Power, a developer and operator of wind energy plants, to acquire the 161 MW Spinning Spur Wind Project under development in Texas.
The Spinning Spur project located in Oldham County west of
Amarillo (Texas) is equipped with 70 Siemens turbines, each
with a unit capacity of 2.3 MW.
The electricity generated will be sold to Southwestern
Public Company, a wholly owned subsidiary of Xcel Energy,
under a 15-year power purchase agreement. Construction is
due to begin in the first half of this year, with the
facility scheduled for commissioning in December 2012.
This will be enXco's first wind project in Texas. This
acquisition will boost EDF Energies Nouvelles' production
capacity and its position in the United States.
"The situation in the US wind energy market and the
uncertainty surrounding the renewal of the Production Tax
Credit post 2012 have created opportunities for
partnerships with major developers such as Cielo Wind
Power. First and foremost, this represents an ideal step
for us to move into the Texas market as a producer of wind
electricity," commented David Corchia, Chief Executive
Officer of EDF Energies Nouvelles.
With operations in Europe and North America, EDF Energies Nouvelles is a market leader in green electricity production. With a development focused on wind energy for several years and more recently on solar photovoltaic, the Group is also present in other segments of the renewable energies market: small hydro, marine energy, biomass, biofuel and biogas. In addition, the Group is expanding in the distributed renewable energies sector. EDF Energies Nouvelles is a subsidiary of the EDF group.
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