EDF Renewable Energy (EDF RE) has closed on the transaction to sell a 50 per cent interest in the 200MW Longhorn Wind Project to a fund managed by BlackRock’s Infrastructure Investment Group.
Longhorn Wind follows the closing of Hereford Wind Project (200MW) in February, marking the second of five projects that BlackRock and EDF Renewable Energy signed agreements on earlier this year. The remaining three projects, Spinning Spur 3 (194MW), Roosevelt (250MW) and Milo (49.65MW) wind projects, will close upon completion of construction and tax-equity financing. The Longhorn Project, located in Floyd and Briscoe counties, is comprised of 100 Vestas V-100 wind turbine generators each with a rated capacity of 2MW. EDF RE remains closely involved in Longhorn Wind maintaining 50 per cent ownership stake. EDF Renewable Services, will provide balance-of-plant operations and maintenance for the facility.
