MG2 Tribal Energy (MG2), a partnership between the Mesa Grande Band of Mission Indians and Geronimo Energy, has obtained a power purchase agreement (PPA) from the U.S. General Services Administration (GSA) to buy 140 MW of wind energy from the Walnut Ridge Wind Farm in western Illinois.
The PPA, sourced via a competitive public request for proposal process through the GSA, marks the largest U.S. federal government wind energy contract signed in U.S. history.
Mesa Grande and Geronimo entered into a partnership to form MG2 Tribal Energy in order to jointly pursue renewable energy opportunities throughout the U.S. This PPA represents a first for MG2 Tribal Energy, with prospects for many more in the future.
The Walnut Ridge Wind Farm is currently under development with approximately 14,500 acres and up to 225 MW in the total projected footprint. The 140 MW PPA is estimated to produce approximately 500 GWh of electricity annually.
The PPA will bring an estimated $47 million of direct economic impact to the local area over 20 years, including: $21 million in additional tax revenue, $16 million in landowner payments, $560,000 in charitable gifts to the local community, and the creation of 10 full-time, permanent local jobs.
