EDF Renewable Energy has announced it has reached an agreement with Renewable Energy Systems Americas (RES Americas) to acquire the 200MW Longhorn wind project in Texas, USA.
Construction is expected to commence later this year (2013) in order to qualify the project for the Production Tax Credit (PTC). EDF Renewable Energy has also secured a long-term, fixed-price hedge agreement for the expected energy production of the project. RES Americas will construct the project under a balance-of-plant construction contract.
