RES subsidiary to sell 150 MW of wind power to Arkansas Electric Co-op

Renewable Energy Systems Americas has signed a long-term agreement to provide the full output of a 150-MW wind project in Arkansas to Arkansas Electric Cooperative Corp. (AECC).

The wind power will be sourced from the Origin Wind Energy project, which is located in Murray and Carter Counties in southeast Oklahoma. RES Americas developed and will construct the 75-turbine project, which is scheduled to begin commercial operation by Dec. 31, 2014.

Duane Highley, the president and CEO of Little Rock-based AECC, said it should provide the cooperative with a hedge against fluctuating natural gas energy prices.

AECC’s agreement was made possible through the National Renewables Cooperative Organization (NRCO), which enables cooperatives nationwide to pool the ownership and benefits of renewable resources.

RES Americas is part of the RES Group, a leading international renewable energy developer. RES has a construction portfolio of more than 6,500 MW of renewable energy. RES has also been busy lately, announcing a battery project in Ohio and plans to provide wind power for Xcel Energy (NYSE:XEL).

Arkansas Electric Cooperative Corporation is a 50% owner in the Flint Creek plant in Arkansas, which recently won approval for new emissions controls. Flint Creek is co-owned with a subsidiary of American Electric Power (NYSE:AEP).

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.