EDPR Inks PPA For Future Iowa Wind Project

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EDP Renovaveis SA (EDPR), through subsidiary EDP Renewable North America LLC, has signed a 15-year power purchase agreement (PPA) with an unidentified company for a 200 MW wind farm in Iowa.

With this new arrangement, EDPR has now signed 1 GW worth of PPAs in the U.S. for projects to be installed in 2016-2020. This is more than half of its 1.8 GW target capacity additions in the U.S. for the period (as announced at EDP Group Capital Markets Day in May).

EDPR expects the Iowa project to begin operations in 2018.

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