Duke Energy acquires 50% of Texas wind project

1 September 2015 (Last Updated September 1st, 2015 18:30)

The renewable business unit of US-based Duke Energy has secured a 50% share of the 211MW Mesquite Creek Wind power project, located near Lamesa, Texas.

The renewable business unit of US-based Duke Energy has secured a 50% share of the 211MW Mesquite Creek Wind power project, located near Lamesa, Texas.

Duke Energy Renewables has acquired the stake through its venture partnership with the Sumitomo Corporation of Americas.

The deal raises the green energy unit’s wind capacity in the state to over 1.2GW.

"We’re proud to partner with Sumitomo to provide emissions-free wind energy to Mars."

Mesquite Creek wind project, which was commissioned in April, is supported with a power purchase agreement with global food manufacturer Mars.

The wind project is equipped with 118 1.7MW wind turbines from GE.

Energy outputs from the wind project are sufficient to power Mars’ entire operations in the US, spread across 70 sites, including 37 factories.

Duke Energy Commercial Portfolio president Greg Wolf said: "Mars is an industry leader in using sustainable business practices to meet its customers’ needs.

"We’re proud to partner with Sumitomo to provide emissions-free wind energy to Mars and help them achieve their goal of carbon neutral operations by 2040."

Sumitomo Corporation of Americas Environment and Infrastructure group SVP and GM Teruyuki Miyazaki said: "Mesquite Creek Wind has been a landmark project for our company as the sixth renewable energy investment in the US.

"Having been involved in the financing and management of this project through its development, build-out and completion, we are very pleased to have Duke Energy Renewables share in ownership of the project and look forward to strengthening our partnership."