DTE Energy (NYSE: DTE) said June 2 that it has exercised its option to purchase one of the two Pheasant Run wind parks from a subsidiary of NextEra Energy Resources LLC.
The 75-MW Pheasant Run II wind park in the Thumb area’s Huron County will be renamed the Brookfield Wind Park as a result of the purchase. Operating since earlier this year, it will shut down for one to two weeks to accomplish the ownership transition and convert the communication infrastructure.
The Thumb area of Michigan’s Lower Peninsula, just north of Detroit, is sandwiched between Saginaw Bay on the west and Lake Huron on the east, making it a center of wind energy development due to the thermal activity related to those bodies of water and a very flat topography. Its relative proximity to the state’s load centers in Flint, Detroit and Ann Arbor is also a key advantage.
A subsidiary of NextEra Energy Resources will continue to own and operate Pheasant Run I, the energy from which will continue to be purchased by DTE Energy. Each 75-MW wind park features 44 1.7-MW General Electric wind turbines.
The Federal Energy Regulatory Commission on March 26 signed off on the sale of this 75-MW Michigan wind farm by this unit of NextEra Energy (NYSE: NEE) to the DTE Electric unit of DTE Energy.
The Brookfield Wind Park purchase is part of DTE Energy’s efforts to expand the company’s renewable energy resources and meet the state’s renewable energy goals. DTE Energy will have almost 1,000 MW of renewable energy assets, equivalent to 10% of its power sales by 2015.
DTE Energy plans to own facilities to supply up to half of that 10% and contract with third-party producers, such as NextEra Energy Resources, for the rest. Most of that power will come from wind resources.