Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDecember 17 (Renewables Now) - US utility holding Xcel Energy Inc (NASDAQ:XEL) has brought online the 522-MW Sagamore wind farm, switching on its 240 turbines in the state of New Mexico.
The USD-900-million (EUR 735.9m) wind farm will be in service before the end of December, the company said.
Fargo-based Wanzek Construction Inc was hired to build Sagamore on an area spanning more than 100,000 acres (40,469 ha) in east central Roosevelt County. Denmark’s Vestas Wind Systems A/S (CPH:VWS) supplied the turbines.
Once in full service, Sagamore will be capable of powering close to 194,000 typical homes, and also contribute to New Mexico’s target to generate 100% carbon-free electricity by 2045.
Xcel has its own plans to lower carbon emissions by 80% by 2030 and become a supplier of 100% carbon-free power across its eight-state service area by 2050, the utility added.
(USD 1.0 = EUR 0.818)
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