New Projects, Renewables, Solar

Sempra U.S. Gas & Power acquires Minnesota wind project

Sempra U.S. Gas & Power acquires Minnesota wind project

Sempra U.S. Gas & Power has acquired the 78-MW Black Oak Getty wind project — in Stearns County, Minn — from Geronimo Energy.

Upon completion, power generated will be sold to Minnesota Municipal Power Agency (MMPA) under a 20-year power purchase agreement.

“We look forward to working with Sempra U.S. Gas & Power as a long term partner,” said Derick O. Dahlen, executive director for Minnesota Municipal Power Agency. “MMPA’s purchase from this wind project will help MMPA meet its renewable energy obligation of 25 percent in 2025.”

The project is expected to enter the construction phase in spring 2016, and slated to reach commercial operations by late 2016.

Financial terms of the transaction were not disclosed.

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