The American Wind Energy Association (AWEA) recently released its U.S. Wind Industry Annual Market Report (Year Ending 2017) and Lincoln Clean Energy (LCE), a portfolio company of I Squared Capital, was 4th among owners of U.S. wind commissioned in 2017.
LCE was also the largest non-utility owner measured by 2017 installations, with only three of the largest global utilities installing more U.S. wind power that year.
“2017 was a year of tremendous execution for LCE and our many partners. Being the largest non-utility installer of U.S. wind is a great achievement and we are proud to be leading the transition to a renewable future in the U.S. alongside some of the largest energy companies in the world,” said Declan Flanagan, CEO of Lincoln Clean Energy.
In 2017, LCE commissioned the 253-MW Amazon Wind Farm Texas and the 250-MW Willow Springs Wind Farm. The 503 MW of combined capacity can generate approximately 2.2 million-MW/h of renewable energy per year, or enough to power the equivalent of over 200,000 U.S. homes.
“With a total development pipeline of 1,300 MW, including 300 MW already under construction, LCE is well positioned to maintain its leadership role in wind development in the U.S. through 2018 and beyond. We look forward to another major year for LCE, for U.S. wind power and for the clean energy jobs and local tax income that accompany wind development,” commented Adil Rahmathulla, Partner at I Squared Capital.
LCE’s 300-MW Tahoka Wind project is currently under construction and will enter commercial operations in the fourth quarter of 2018.
Filed Under: News, Projects