Quinbrook Infrastructure Partners’ portfolio company, Scout Clean Energy, has signed a 20-year Power Purchase Agreement (PPA) with Minnesota Municipal Power Agency (MMPA) for the purchase of 200-MW of renewable energy capacity from the Three Waters Wind Farm.
The Three Waters project is expected to commence construction across 45,000 acres in Jackson County, Minnesota in 2021. Developed by Scout, Three Waters will use 71 of the latest generation GE 2.82-MW wind turbines with 127m rotors.
“This is yet another milestone in the progressive growth of the Scout wind portfolio and expands Scout’s asset footprint into the Midwest region,” said David Scaysbrook, Co-Founder and Managing Partner of Quinbrook. “We are delighted to have secured MMPA as a customer committing to purchase all of the renewable power that Three Waters will produce under a long-term purchase contract.”
Together, Quinbrook and Scout have rapidly expanded their utility scale U.S. wind project portfolio to over 2.3 GW of potential renewable power capacity, spanning 13 projects in 10 states.
“This is Scout’s first investment in Minnesota and further solidifies the development credentials of the Scout team,” added Scaysbrook. “Three Waters is an important project for Quinbrook and both we and Scout have many spent years in the planning phase, bringing the project through to this point. We are especially pleased that this new infrastructure project stands to make such a positive contribution to the community of Jackson County.”
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