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EDF RE agrees to build and sell 150-MW wind farm in North Dakota

EDF Renewable Energy (Photo: Business Wire)

November 17 (SeeNews) - US independent power producer EDF Renewable Energy (EDF RE) announced today it will build and sell to Otter Tail Power Company a 150-MW wind park in North Dakota.

EDF RE, a subsidiary of EDF Energies Nouvelles (EDF EN), which in turn is the renewables arm of French utility EDF (EPA:EDF), has inked an asset purchase deal with Otter Tail Power regarding the Merricourt wind project in McIntosh and Dickey Counties.

The particular wind park will use 75 units of Vestas’ V110-2.0MW wind turbines that will be manufactured in the Danish firm’s Colorado-based facilities. Completion is scheduled for 2019.

The buyer is a Minnesota-based electricity and energy services subsidiary of Otter Tail Corporation (NASDAQ:OTTR). At present, wind farms produce about 19% of the company’s generated electricity and that share is expected to rise to almost 28% once the Merricourt wind farm enters into service.

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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.

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