January 3 (Renewables Now) - Greek renewable power producer Terna Energy (ATH:TENERGY) said today it has launched commercial operations of a 155.4-MW wind park in the US state of Texas.
The Fluvanna I plant in Scurry County is the first stage of a 380-MW project, which Dallas-based wind developer Tri Global Energy LLC sold to Terna Energy in 2016. The facility is powered by 74 turbines of 2.1 MW each, provided by Siemens Gamesa Renewable Energy SA (BME:SGRE). Its output will be fed into the Texas Interconnection power grid, meeting the demand of over 46,000 households.
Terna Energy launched construction of the USD-250-million (EUR 207.7m) park in December 2016. It financed the project with funds from Copenhagen Infrastructure Partners (CIP) and loans from a group of banks including HSBC, NordLB, Morgan Stanley and Rabobank.
The Greek company currently owns 941 MW of installed capacity globally, some 293 MW of which is in the US. Its long-term goal is to have 2,000 MW of installed renewable power capacity.
(USD 1.0 = EUR 0.831)