Sep 14 (Renewables Now) - Enel Green Power (EGP) has agreed to supply 152.5 MW of electricity from its 298-MW Thunder Ranch wind farm in Oklahoma to brewing company Anheuser-Busch Inc.
The partners have signed a power purchase agreement (PPA) for a portion of the wind park’s output as well as renewable energy credits generated by the facility, the two firms said in a joint statement on Wednesday. Thanks to the contract, the beer company will be able to meet up to 50% of the electricity for its US operations and make a step towards its goal of sourcing 100% of its total power consumption from renewables by 2025.
The 152.5-MW part of the Thunder Ranch wind farm is expected to produce about 610 GWh of electricity per year, equal to the consumption of 50,000 US homes. The plant, being constructed in Garfield, Kay and Noble counties, is seen to be put on stream by end-2017. Construction is carried out in two phases.
Once fully operational, the Thunder Ranch will have an annual output of over 1,100 GWh, or enough to meet the demand of about 89,400 US households.
Through its renewable energy unit EGP, Italian energy giant Enel SpA (BIT:ENEL) has committed to invest nearly USD 435 million (EUR 366m) in the project.
(USD 1.0 = EUR 0.841)