Invenergy Signs 120 MW PPA With 3M

Posted by Lauren Tyler on February 09, 2016 No Comments
Categories : Projects & Contracts

Invenergy has signed a 120 MW wind power purchase agreement (PPA) with 3M to provide the global science-based company with renewable energy to help support its operations across North America.

The agreement with 3M includes the sale of wind energy from the Gunsight Wind Energy Center, located in Texas. Energy from the 120 MW project will be delivered into the Electric Reliability Council of Texas regional electricity grid. With the addition of Gunsight, Invenergy will operate more than 1,700 MW of power plants in the state.

Craig Gordon, Invenergy’s vice president of sales and marketing, says. “Corporate off-site renewable energy procurement is one of the most exciting changes we’ve seen recently in our industry, as the sector nearly tripled from 2014 to 2015, with more than 3,400 MW announced. We expect 2016 to be another strong year for direct corporate procurement.”

“This agreement is an important and significant step toward accomplishing our company goal of increasing renewable energy to 25 percent of our total electricity use by 2025,” says Jean Bennington Sweeney, 3M’s vice president of environment, health, safety and sustainability.

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