•  
  •  
  •  

AT&T strikes 300-MW wind VPPA in Nebraska

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

November 5 (Renewables Now) - Chicago-based renewables developer Invenergy said today it has inked a virtual power purchase agreement (VPPA) with telecom giant AT&T Inc (NYSE:T) for the output of a 300-MW wind farm in Nebraska.

Thanks to this contract, AT&T’s renewable energy purchases will surpass 1.5 GW of total capacity, according to the announcement.

The VPPA concerns the so-called Thunderhead Wind Energy Center, which is currently being built in Antelope and Wheeler Counties. Once completed by the end of 2020, the wind park will comprise 108 GE wind turbines capable of generating enough electricity to supply more than 115,000 local homes a year.

In September, WEC Energy Group (NYSE:WEC) announced an agreement to buy an 80% stake in the Thunderhead Wind Energy Center for about USD 338 million (EUR 305m).

(USD 1.0 = EUR 0.903)

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription