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EDF EN acquires a 161 MW wind project under development in the United States

  • Wind

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.

About EDF Energies NouvellesEDF Energies Nouvelles is a market leader in renewable energy electricity, with a portfolio of more than 9 GW gross installed capacity focused for the most part on wind (onshore and offshore) and solar photovoltaic energy. Mostly operating in Europe and North America, EDF Energies Nouvelles continues its development by taking strong positions in promising emerging areas such as Brazil, Chile, China, India or South Africa. The Company is also present in other segments of the renewable energy market: marine energy, biomass and distributed energies. EDF Energies Nouvelles manages renewable energy projects’ development and construction as well as operation and maintenance for its own account and for third parties. EDF Energies Nouvelles is a subsidiary of the EDF Group dedicated to renewable energy.

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