EDF Renewable Energy has announced it has acquired the Longhorn North Wind Project from Renewable Energy Systems Americas Inc. (RES Americas).
RES Americas will construct Longhorn under a Balance of Plant (BOP) agreement. Construction on the 200MW project will begin in time to qualify it for the Production Tax Credit (PTC) and is expected to be completed in 2015. The project, located in Floyd and Briscoe counties, 60 miles northeast of Lubbock, Texas, will utilise the CREZ (Competitive Renewable Energy Zone) transmission lines to connect the wind generating capacity of the Texas Panhandle to high electricity demand areas in the state. EDF Renewable Energy has also secured a long-term, fixed-price hedge agreement for the expected energy production of the project.
