Ferguson and ENGIE North America have signed a 65 MW virtual power purchase agreement (VPPA) from ENGIE’s Century Oak wind project, located in Callahan County, Texas, 160 miles west of Dallas.
The VPPA is expected to match a significant portion of Ferguson’s annual electricity use in the United States and Canada.
Schneider Electric also supported the Ferguson and ENGIE collaboration, through its VPPA advisory services on the project, managing the strategy and other ongoing negotiations throughout the total process.
The 153 MW Century Oak wind project, which comprises 45 GE turbines, is part of ENGIE’s almost 7 GW of wind, solar and storage in operation or construction across North America. The project is expected to generate tax revenues of around $14 million to support county services and an additional $19 million in revenues to the local school district.
“Century Oak reflects our commitment to reducing our environmental impact across our operations and represents a significant milestone for our business,” says Ferguson’s Denise Vaughn. “We are delighted to work with ENGIE and Schneider Electric on Century Oak.”
Century Oak is expected to be completed by the end of the year.
