Renewable Energy Systems (RES) on Jan. 20 announced the sale of the Bluestem Wind Project in Oklahoma to Exelon Generation, one of the nation’s leading power producers.
RES developed the project and is the engineering, procurement and construction contractor. The transaction closed on Dec. 24, 2015, with a notice to proceed for construction being issued at that time. RES simultaneously executed the turbine supply agreement with Vestas. Construction of the project will begin immediately.
The 198-MW project consists of 60 Vestas 3.3-MW V117 wind turbine generators (WTGs) and is located in Beaver County, Oklahoma. Construction is scheduled to be completed at the end of 2016, bringing approximately 845,000 MWh per year to the Southwest Power Pool electrical system.
RES has been committed to bringing renewable energy to Oklahoma, having constructed over 850 MW of the wind in the state. Bluestem is RES’ seventh and will be Exelon Generation’s first wind project in Oklahoma.
A power purchase agreement for the project has been executed with Google (NYSE: GOOG) and was announced on Dec. 3, 2015, on Google’s Official Blog.
“RES is pleased to work with Exelon and Google in the pursuit of making data centers greener for the economy of tomorrow,” stated Glen Davis, CEO for RES in the Americas.
“We are excited about closing the Bluestem transaction and working with RES to add additional renewable and carbon-free generation to Exelon’s operating fleet,” said Corey Hessen, Vice President Generation Development, Exelon Generation.
“I am pleased to see the 3MW platform continuing to work as a solution for our customers in what traditionally has been a 2MW market. This speaks to the strength of the Vestas product portfolio, and our ability to find the right fit in all situations,” said Chris Brown, President, Vestas Americas.
Since 1997, RES has been providing development, engineering, construction, and operations services to the utility-scale wind, solar, transmission, and energy storage markets across the Americas. The company employs more than 500 full-time professionals and has over 8,000 MW of utility-scale renewable energy and energy storage projects and has constructed more than 700 miles of transmission lines throughout the U.S., Canada, and Chile.
Exelon Corp. (NYSE: EXC), the parent of Exelon Generation, is the nation’s leading competitive energy provider. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 MW of owned capacity comprising one of the nation’s cleanest and lowest-cost generation fleets.
With 52% more megawatts installed than anyone else in the industry and more than 70 GW of cumulative installed capacity worldwide, Vestas said it is the world leader in wind energy.