Target says it has entered into an agreement with Starwood Energy Group to purchase a portion of power from the firm’s 211 MW Stephens Ranch Wind project near Lubbock, Texas.
In a company announcement, the retail giant says the 40 MW purchase marks the company’s first wind energy partnership. Target expects the wind farm to offset 100% of the energy consumption at 60 Texas stores.
According Starwood Energy Group, a private investment firm based in Greenwich, Conn., the wind project – which reached commercial operations in November 2014 – comprises 118 GE 1.79 MW wind turbines on more than 47,000 acres in Borden and Lynn counties.
“We’re thrilled to make our start with wind power in Texas, a leading market for wind energy,” says John Leisen, Target’s vice president of property management, in the company’s announcement. “As we learn from this project, we’ll also be looking across the country for more opportunities to get involved in renewable energy projects in communities where we do business.”