EDF increases stake in Spinning Spur project in Texas

EDF Renewable Energy (EDF RE) is now the 100% owner of the 161-MW Spinning Spur II Wind Project in Texas, with plans to expand the facility to 472 MW.

EDF Renewable Energy said April 16 that it has exercised an option to acquire the remaining 49% interest in Spinning Spur II in Oldham County, Texas, from Cielo Wind Power. Cielo says on its website that it has developed about 20% of the wind capacity in Texas.

EDF Renewable Energy is the U.S. subsidiary of EDF Energies Nouvelles. EDF Energies Nouvelles is the renewable energy arm of the EDF group, or Electricite de France. EDF RE also acquired the former enXco.

In addition, EDF RE has signed a turbine supply agreement with General Electric (NYSE:GE) for the purchase of 87 wind turbines with a rated capacity of 1.85 MW each.

Construction is slated to start in June 2013 with an operational date of mid-summer 2014. When complete, EDF RE will have put into service 472 MW in Texas.

Spinning Spur II Wind Project spans approximately 16,800 acres in Oldham County, Texas which is approximately 30 miles west of Amarillo.

Spinning Spur II will be one of the first projects to take advantage of the new CREZ (Competitive Renewable Energy Zones) transmission line in the panhandle. The electricity generated will be sold under a 10-year energy purchase agreement.

EDF’s Spinning Spur 1 came online in December 2012. Google has an ownership interest in Spinning Spur 1.  

EDF has said previously that the power would be sold to an Xcel Energy (NYSE:XEL) subsidiary, Southwestern Public Service.

“Launching our third project in Texas demonstrates confidence in the next wave of wind power’s growth and construction in the State,” said Tristan Grimbert, President and CEO of EDF Renewable Energy.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.