EDPR Awarded Long-Term Contract For Wind Project

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EDP Renovaveis SA (EDPR), through its fully owned subsidiary Horizon Wind Energy LLC, has been awarded a 10-year contract by the New York State Energy Research and Development Authority (NYSERDA) in conjunction with the New York State Public Service Commission (PSC).

Horizon will sell 45 MW worth of renewable energy credits (RECs) from its Marble River wind project, located in New York. The project is expected to be commissioned in 2012.

The agreement follows a 10-year contract awarded in April 2010, also from NYSERDA and the PSC, to sell 171 MW worth of RECs from the same project.

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