Iberdrola Extends Wind PPA With STEC

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Iberdrola Renewables has extended and expanded an existing power purchase agreement (PPA) with South Texas Electric Cooperative (STEC), the wholesale power provider to eight Texas electric cooperatives.

STEC will expand its existing 50 MW contract with Iberdrola Renewables to 100.8 MW and extend it to May 31, 2026.

The power from the contract comes from the Penascal wind project, located in Kenedy County, Texas. An original customer of the Penascal project, STEC has been taking deliveries from the 201.6 MW project since May 19, 2009.

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