Southern Co. (NYSE: SO) subsidiary Southern Power on Aug. 29 announced the acquisition of the 147-MW Grant Plains wind facility in Oklahoma from Apex Clean Energy.
“The acquisition of the Grant Plains wind facility is an important step in strategically growing our renewable energy portfolio,” said Southern Power President and CEO Buzz Miller. “This project aligns with our business model and underscores our commitment to developing wind generation.”
The Grant Plains facility will be located in Grant County, Oklahoma, and is expected to utilize 64 wind turbines manufactured by Siemens. Grant Plains will be Southern Power’s third wind facility in Oklahoma, including the adjacent 151-MW Grant Wind facility and the 299-MW Kay Wind facility, both also acquired from Apex with turbines produced by Siemens. Grant Plains fits Southern Power’s business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts.
Apex is managing the construction and will operate and maintain the facility upon completion. IEA Renewable Energy Inc., a wholly-owned subsidiary of Infrastructure and Energy Alternatives LLC, is the engineering, procurement and construction contractor. Construction began in the first quarter this year, with the facility expected to achieve commercial operation in December 2016.
With the addition of the Grant Plains wind facility, Southern Power owns more than 2,400 MW of renewable generation from 31 solar, wind and biomass facilities either announced, acquired or under construction. Across its system, Southern Company has added or announced more than 4,000 MW of renewable generation since 2012.
Southern Power and its subsidiaries own or have the rights to 40 facilities operating or under construction in 10 states with more than 11,000 MW of generating capacity in Alabama, California, Florida, Georgia, Maine, Nevada, New Mexico, North Carolina, Oklahoma and Texas.
Southern Co. has 44,000 MW of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million electric and gas utility customers through its subsidiaries. The company provides energy through electric utilities in four states, natural gas distribution utilities in seven states, a competitive generation company serving wholesale customers across America and a nationally recognized provider of customized energy solutions, as well as fiber optics and wireless communications.