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January 18, 2019updated 22 Jan 2019 7:07am

EDF Renewables buys Milligan 1 Wind project in Nebraska

EDF Renewables North America has closed an agreement to buy 300MW Milligan 1 Wind Project in Nebraska, US, for an undisclosed amount.

EDF Renewables North America has closed an agreement to buy 300MW Milligan 1 Wind Project in Nebraska, US, for an undisclosed amount.

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The company sealed a purchase agreement with York Nebraska Wind Partners, which is a partnership consisting of Aksamit Resource Management, and York Capital Management.

Currently, the project is under development and is expected to begin operations in late-2020.

The project is in Saline County, southern Nebraska. It will sell its produced energy and Renewable Energy Credits (RECs) into the Southwest Power Pool.

Milligan 1 Wind is the first project for EDF Renewables in Nebraska.

EDF Renewables senior director of development Matthew McCluskey said: “EDF Renewables is pleased to bring 30 years of expertise in development, construction, and operation to Nebraska.

“Nebraska’s abundant wind resource and supportive regulatory environment combine to create an opportunity for EDF Renewables to bring the benefits to the local community.”

“Nebraska’s abundant wind resource and supportive regulatory environment combine to create an opportunity for EDF Renewables to bring the benefits of jobs, landowner payments, and state and local tax revenue to the local community.”

Power produced is enough to cater to annual consumption requirements of up to 115,000 average homes.

It will help reduce 900,000t of CO₂ emissions a year, which is equivalent to emissions from 190,000 vehicles in 12 months.

A subsidiary of EDF Renouvelables, which is a renewable energy affiliate of EDF Group, EDF Renewables is a renewable energy developer in North America. It has 15GW of wind, solar, storage, projects developed in the US, Canada, and Mexico.

Its portfolio also consists of 10GW under service contracts.

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The development of the hydrogen economy will support the fulfilment of decarbonization objectives, particularly for those sectors that are difficult to electrify, such as heavy industry, long-distance trucking, shipping, and aviation. GlobalData's Hydrogen Service tracks investment in the hydrogen sector, and provides you with:
  • A complete dataset of the low-carbon hydrogen projects across the globe.
  • Latest news across the hydrogen value chain.
  • Quarterly market analysis, with details of new projects, company activity and financial deals.
For more information, and to download sample pages from our quarterly market analysis, including a summary of the active and upcoming low-carbon hydrogen capacity by region, please enter your details.
by GlobalData
Enter your details here to receive your free Whitepaper.

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