Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDecember 9 (Renewables Now) - Peninsula Clean Energy will procure 76.35 MW of wind power from a to-be-repowered wind farm in California owned by Colorado-based renewables developer Scout Clean Energy.
The community choice aggregation (CCA) company said on Wednesday it has sealed a 15-year power purchase agreement (PPA) for the partial output of the Pacheco Pass wind farm, which will be renamed Gonzaga Ridge after the repowering. The electricity will supply its clients in San Mateo County and the city of Los Banos.
With a current capacity of 16.5 MW, the wind farm in Merced County is planned to be revamped so that its capacity is increased to 147.5 MW. The existing 162 turbines will be replaced with “a much smaller fleet of far more powerful state-of-the-art turbines,” Scout said.
Scout, which is a portfolio company of Quinbrook Infrastructure Partners, bought the Pacheco Pass wind farm from International Turbine Research in 2018. The company intends to launch construction works on the repowering project in late 2023 and bring the plant online around the end of October 2024.
The upgraded wind farm will be coupled with a 50-MW battery storage system
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST