EDF Renewable Energy has acquired the 194 MW Spinning Spur 3 wind project from Cielo Wind Power LP.
Spinning Spur 3 is located on approximately 18,000 acres in Oldham County, Texas, roughly 50 miles west of Amarillo. EDF expects the project to reach commercial operation by the end of 2015, and the wind farm will utilize the state's new Competitive Renewable Energy Zone transmission lines. Two municipal utilities, Georgetown Utility Systems and Garland Power & Light, will buy the project's output under long-term power purchase agreements.
‘EDF Renewable Energy entered the Texas market in 2011 through the first Spinning Spur project, and continues to find attractive investment opportunities in the state,’ comments Ryan Pfaff, executive vice president at EDF Renewable Energy. ‘We are pleased to add Spinning Spur 3 to our growing Texas wind portfolio, which we expect to exceed 1 GW of installed capacity by the end of 2015."