Apex signs with cooperative for last 50 MW of Grant Wind project capacity

Apex Clean Energy on Jan. 19 (with a Jan. 26 correction made on a tax revenue calculation) announced a wind deal with Western Farmers Electric Cooperative (WFEC).

Apex Clean Energy, through its subsidiary Grant Wind LLC, has signed a Renewable Energy Purchase Agreement (REPA) with Western Farmers Electric Cooperative for 50 MW of wind energy from Apex’s Grant Wind project in Grant County, Okla. With this agreement, Apex has sold the remaining 50 MW of the 150-MW project. The project is expected to come online in 2015.

This REPA is the second such transaction between WFEC and Apex Clean Energy. The first 100-MW REPA was announced in November 2013.

Mark Goodwin, Apex Clean Energy president, said: “Unlike other energy sources, a tremendous advantage of wind is it utilizes no water. This is critical to helping Oklahoma conserve its water resources after several years of extreme drought. We could not be more pleased to be working with Western Farmers Electric Cooperative once again to bring jobs and new revenue to Grant County.”

“WFEC is pleased to once again be working with Apex Clean Energy. We are also excited to add this additional economical and environmentally friendly wind energy resource into our generation mix,” explained Brian Hobbs, vice president, legal and corporate services at WFEC. “With this additional 50 MW, WFEC continues to take advantage of opportunities to add wind energy resources to our generation portfolio in a manner that helps manage longterm cost of service to our rural member consumers in an environmentally responsible manner.”

Apex is building one of the nation’s largest, most diversified portfolios of renewable energy resources, capable of producing more than 10,000 MW of clean energy. Apex has announced more than 750 MW of power purchase agreements since 2013. In the coming year, Apex said it will bring five new U.S. wind energy facilities online, comprising of more than 1,000 MW of capacity. Apex will provide asset management services on three of these facilities, representing more than 500 MW of capacity.

WFEC is a generation and transmission cooperative that provides essential electric service to 22 member cooperatives, Altus Air Force Base, and other power users. These members are located primarily in Oklahoma and New Mexico, with some service territories extending into portions of Texas and Kansas.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.