Hoosier Energy Rural Electric Cooperative, Inc. and Wabash Valley Power Association – Indiana’s generation and transmission electric cooperatives, have entered into a 20-year purchase power agreement that will add 100 MW of wind energy from an Indiana wind project.
The wind power agreement with EDP Renewables North America (EDPR NA) is for 100 MW from the Meadow Lake V Wind Farm located in White County, the cooperatives said May 13.
Under the terms of the agreement, Hoosier Energy and Wabash Valley Power, which supply power to 41 rural electric distribution cooperatives in Indiana and parts of Illinois and Missouri, will share the 100 MW of renewable energy.
The Meadow Lake Wind Farm, which currently consists of four operational phases, flanks Interstate 65 in northwestern Indiana and has been in operation since 2009. Meadow Lake I, II, III, and IV currently have a total installed capacity of about 500 MW and generate enough electricity to power about 169,000 average-sized Indiana homes.
The agreement will provide approximately 25 MW of energy annually in 2018 and an additional 50 MW in 2020 for Hoosier Energy’s cooperative member systems. For Wabash Valley Power members, the agreement will provide 25 MW of energy beginning in 2018, bringing Wabash Valley’s total wind generation to 64 MW.
Both Hoosier Energy and WVPA will earn Renewable Energy credits (RECs) for the wind power. RECs certify the environmental attributes of renewable energy production.
Collectively, electric cooperatives in Indiana provide electricity to more than 611,000 homes, businesses and industries in Indiana and parts of Illinois and Missouri.