EDF Renewables acquires Nebraska wind energy project

EDF Renewables North America has closed on a purchase agreement with York Nebraska Wind Partners, LLC, a partnership comprised of Aksamit Resource Management, LLC and York Capital Management for 100-percent of the interests in the 300 megawatt (MW) Milligan 1 Wind Farm.

The Project located in Nebraska, United States, is currently in development with anticipated operation to commence in late 2020.

This operation brings the EDF Group one step closer to meeting its CAP 2030 strategy of doubling its worldwide renewable energy capacity in operation to more than 50 gigawatt (GW) net between 2015 and 2030.

Sited in Saline County in southern Nebraska, Milligan 1 marks the first wind project for EDF Renewables in this state.

The Project will sell its generated energy and Renewable Energy Credits (RECs) into the Southwest Power Pool.

The expected electricity generated at full capacity is enough to meet the annual consumption of up to 115,000 average homes. This is equivalent to avoiding more than 900,000 metric tons of CO? emissions annually¹ which represents the greenhouse gas emissions from 190,000 passenger vehicles driven over the course of one year.

EDF Renewables is one of the largest renewable energy developers in North America with     15 GW of gross wind, solar, and storage projects developed throughout the US, Canada and Mexico.

¹ According to US EPA Greenhouse Gas Equivalencies calculations.

 

EDF Renewables is a leading international player in renewable energies, with gross installed capacity of 12.7 GW worldwide. Its development is mainly focused on wind and solar photovoltaic power. EDF Renewables operates mostly in Europe and North America but is continuing to grow by moving into promising emerging regions such as Brazil, China, India, South Africa and the Gulf. The company has strong positions in offshore wind power, but also in other areas of the renewable energies industry such as energy storage. EDF Renewables develops, builds, operates and maintains renewable energies projects, both for itself and for third parties. Most of its international subsidiaries bear the EDF Renewables brand. EDF Renewables is the EDF Group subsidiary specialising in developing solar and wind power.