Ameren buys 300-MW Invenergy-developed wind farm in Missouri

Invenergy wind farm. Source: Invenergy (www.invenergyllc.com).

January 15 (Renewables Now) - Missouri-focused electric utility held by Ameren Corp (NYSE:AEE) has wrapped up the acquisition of a 300-MW wind park in Missouri that is partly operational and will be fully alive within 2021.

Ameren Missouri has become the owner of the Atchison Renewable Energy Center, which developer Invenergy LLC is still building in northwestern Missouri’s Atchison County. Financial details about the deal were not available in Ameren’s press statement on Thursday.

Around 100 MW of the wind farm’s total capacity has been switched on and is generating electricity, with an additional 50 MW-75 MW planned to go live by the end of March. The entire complex is scheduled to be commissioned later this year after the last 125 MW-150 MW are put on stream.

The Atchison Renewable Energy Center is Ameren Missouri’s second wind asset in its home state, along with the 400-MW High Prairie Renewable Energy Center it bought at the end of last year. The two projects represent a combined investment of close to USD 1.1 billion (EUR 910,000).

The acquisitions are in line with the utility’s plan to spend around USD 4.5 billion in order to deploy 3.1 GW of renewables capacity by 2030.  "We're planning for the long term with deep carbon reductions to achieve our goal of net-zero carbon emissions by 2050,” said Marty Lyons, chairman and president of Ameren Missouri.

(USD 1.0 = EUR 0.825)

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