Apex Clean Energy has announced the sale of the 303MW Diamond Spring Wind to Allete Clean Energy. The transaction includes 15-year power purchase agreements that Apex negotiated with two Fortune 500 companies (to be announced at a later date).
The executed power purchase agreements represent up to 228 MW, with the remaining project capacity also anticipated to serve the commercial and industrial market. Allete Clean Energy will begin construction on Diamond Spring Wind this year, and the project will enter commercial operations in 2020.