EDPR unveils 233 MW of wind PPAs with Walmart in US
Wind turbine. Author: germanborrillo. License: CC BY-SA 2.0
EDP Renovaveis SA (ELI:EDPR) has signed with US retailer Walmart Inc (NYSE:WMT) three power purchase agreements (PPAs) for 233 MW of wind projects in the US.
The PPAs have a 15-year term and are for wind plants to be built in the states of Illinois and Indiana. The company had already announced PPA deals in May and July for the three wind projects, but at the time it did not mention the name of Walmart as buyer. Other commercial and industrial companies, and the Wabash Valley Power Association, are to buy power from the same projects.
More details on the projects and Walmart's share in the PPAs are available in the table below.
Capacity for Walmart
Start of operations
With these agreements, Walmart would be purchasing as much power as is needed to meet the demand of more than 60,000 homes in Illinois and 15,000 homes in Indiana.
In the US, EDPR has over 5,600 MW of renewable energy capacity in its portfolio, it noted.