EDF Renewable Energy announced Nov. 26 that it has acquired the 200-MW Hereford 1 Wind Project in the Texas Panhandle from Lincoln Renewable Energy and that project construction has commenced.
Encompassing approximately 15,000 acres in Deaf Smith County, southeast of the town of Hereford, the project will take advantage of the CREZ (Competitive Renewable Energy Zone) transmission lines connecting the wind generating capacity of the Texas Panhandle to high electricity demand areas in the state. EDF Renewable Energy said it has also secured a long-term, fixed-price hedge agreement for the expected energy production.
EDF Renewable Energy said it presently has 561 MW of wind capacity either in construction or ready-to-build in Texas.
Lincoln Renewable Energy had announced Nov. 25 a construction start on its 300-MW Hereford 2 wind project in Castro County, Texas. Located 50 miles southwest of Amarillo, the project will connect into the Sharyland Utilities Windmill substation, the company said. What EDF has bought is the 200-MW first phase of the project.
“The start of construction of Hereford 2 project marks the continuation of a very successful year for Lincoln Renewable Energy,” said Philip Moore, Vice President of Development at Lincoln Renewable Energy. “To date we have commenced construction on 30 MW of solar and 500 MW of wind power projects in California and Texas.”
Lincoln Renewable Energy partnered with Higher Power Energy LLC, a Dallas-based project developer, on both phases of the Hereford projects.
EDF Renewable Energy specializes in wind and solar photovoltaic with presence in other segments of the renewable energy market: biogas, biomass, hydro, marine energy and storage solutions. The company develops, constructs, operates and manages renewable energy projects throughout the United States for its own accord as well as for third parties. EDF Renewable Energy’s portfolio consists of 4 GW of developed projects with 1.9 GW of installed capacity. EDF Renewable Energy is the U.S. subsidiary of EDF Energies Nouvelles.