EDF Renewable Energy Acquires Hereford 1 Wind Project
200 Megawatt Project has Commenced Construction
SAN DIEGO--EDF Renewable Energy today announced it has acquired the 200 megawatt (MW) Hereford 1 Wind Project in the Texas Panhandle from Lincoln Renewable Energy and construction has commenced.
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Encompassing approximately 15,000 acres in Deaf Smith County, southeast of the town of Hereford, the project will take advantage of the CREZ (Competitive Renewable Energy Zone) transmission lines connecting 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.
EDF Renewable Energy presently has 561 MW of wind capacity either in construction or ready-to-build in the State of Texas.
About EDF Renewable Energy:
EDF Renewable Energy is a leading U.S. independent power producer with more than 25 years of expertise in the renewable industry, covering all range of services from project development, management to operations and maintenance. EDF Renewable Energy specializes in wind and solar photovoltaic with presence in other segments of the renewable energy market: biogas, biomass, hydro, marine energy and storage solutions. The company develops, constructs, operates and manages renewable energy projects throughout the United States for its own accord as well as for third parties. EDF Renewable Energy's portfolio consists of 4 gigawatts of developed projects with 1.9 gigawatts of installed capacity. EDF Renewable Energy is the U.S. subsidiary of EDF Energies Nouvelles. EDF Energies Nouvelles is the renewable energy arm of the EDF group, the leading electricity company in the world. For more information visit: www.edf-re.com
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