EDF Renewable Energy to acquire Texas wind energy project

EDF Renewable Energy reached an agreement with Renewable Energy Systems Americas Inc. to acquire the 200 MW Longhorn Wind Project in Texas.

EDF Renewable Energy also secured a long-term, fixed-price hedge agreement for the expected output of the project. RES Americas will build the project under a balance-of-plant construction contract. Construction is expected to begin later this year.

The project will connect to the Competitive Renewable Energy Zone (CREZ) transmission lines.

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