EDP Renewables (EDPR), a wind energy producer, through its fully owned subsidiary EDP Renewables North America, has secured a 20-year Power Purchase Agreement (PPA) with Great Plains Energy to sell the energy produced by the 200-MW Prairie Queen wind farm.
Through this new arrangement, EDPR will expand its footprint in Kansas to a total of 600 MW. The company has already locked down 1.5 GW in long-term agreements in the U.S. for projects to be installed through 2016-2020.
Prairie Queen wind farm is located in Allen County, Kansas, where operations are scheduled to commence in 2019.
“This agreement will allow EDPR to continue to execute its growth strategy based on the development of competitive projects with long-term visibility,”Joâo Manso Neto, CEO of EDPR.
“Contracts like PPAs, in which EDPR is a pioneer in the United States, will also form part of the future energy landscape in Europe, where they are still in very early stages of development,” added Neto. “We expect to see increasingly more agreements of this kind to benefit both energy producers and consumers.”
Through this new arrangement, EDPR will expand its footprint in Kansas to a total of 600 MW. The company has already locked down 1.5 GW in long-term agreements in the U.S. for projects to be installed through 2016-2020, which represents 82% of the 1.8 GW target capacity additions in the US for that period, as announced at the EDP Group Capital Markets Day in May 2016.
Filed Under: News, Projects
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