ACCIONA expands US portfolio with new wind farms
Published by Oliver Kleinschmidt,
Assistant Editor
Energy Global,
ACCIONA Energía has announced the expansion of its portfolio in the US with the acquisition of two new wind farms: Green Pastures I (150 MW) and Green Pastures II (150 MW), located in Baylor and Knox Counties, North-Central Texas. The purchase significantly increases ACCIONA Energía’s installed capacity in the US.
The projects, acquired for US$202.5 million, are fully operational and were purchased from various private asset management entities. Combined, the two wind farms will generate approximately 1.1 TWh/y of renewable energy.
Green Pastures I and II are connected to the Electric Reliability Council of Texas (ERCOT) grid, which manages 90% of Texas’s electricity transmission, distribution, and commercialisation. ERCOT is one of the most active and advanced renewable integration markets globally.
These two new wind farms become part of ACCIONA Energía's portfolio of renewable projects in North America, where it already had a total of 2.8 GW installed, and reinforce the company’s position as a key player in the US’ energy transition. Additionally, the location of these projects is optimal, complementing the company’s fleet in terms of geographical diversification.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Autumn 2024 issue
Dive into the latest renewable energy insights in the Autumn issue of Energy Global, out now! The issue starts with an insightful guest comment from Cristiano Spillati, Managing Director at Limes Renewable Energy where he discusses the need for European renewable energy suppliers to accelerate the rate of the energy transition. This is followed by a regional report from Cornwall Insights on the battery energy storage industry in Australia. This issue explores key topics including offshore wind subsea cables, offshore wind support vessels, digitalisation, wind turbine components, and more!
Read the article online at: https://www.energyglobal.com/wind/06112024/acciona-expands-us-portfolio-with-new-wind-farms/
You might also like
TotalEnergies closes three international acquisitions of renewable portfolios
TotalEnergies has closed acquisitions for projects in Germany, Canada, and Africa, particularly in Uganda.