The Western Farmers Electric Cooperative (WFEC) has signed a 30 MW power purchase agreement (PPA) with Akuo Energy USA Inc., a wholly owned subsidiary of Paris-headquartered Akuo Energy SAS.
The renewable energy will be provided from the Sterling Wind Farm, to be located near Tatum, N.M., in Lea County. WFEC has agreed to purchase the output from the project for a span of 15 years.
WFEC is a generation and transmission cooperative that provides electric service to 21 member cooperatives, Altus Air Force Base and other power users. These members are located primarily in Oklahoma and New Mexico, as well as portions of Texas and Kansas.
As of year-end 2015, Akuo Energy says it has invested EUR 1.5 billion in a total capacity of 560 MW of renewable energy projects under operation and construction, as well as more than 400 MW with financing underway. The company aims to have a global production capacity of 3,000 MW within five years.