Colorado-based renewable energy company Scout Clean Energy and joint venture partner Elawan Energy have wrapped up the sale of the 199-MW Persimmon Creek wind farm in western Oklahoma to electric utility Evergy Inc (NASDAQ:EVRG).
Located in Dewey, Ellis and Woodward counties, Persimmon Creek is a 80-turbine wind park that started commercial operations in 2018.
"As a part of the existing operations agreement, Scout will continue servicing the project through the end of this year,” Michael Rucker, CEO and founder of Scout Clean Energy, said in a statement in relation to the transaction closure.
The sale of Persimmon Creek was agreed last summer when Scout was still a portfolio company of Quinbrook Infrastructure Partners. Eventually, the firm was bought by Brookfield Renewable and is now approaching six months under its ownership.
According to the latest announcement, Scout will deploy the proceeds from the Persimmon Creek sale back into new development projects.
Since the beginning of the year, the company has initiated construction work on the 200-MW Sweetland wind farm in South Dakota and is raising financing for the 209-MW Markum solar project in Texas. Its current pipeline of wind, solar and battery storage projects amounts to 16.5 GW.
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