EDF Renewable Energy and Otter Tail Power announced Nov. 17 the signing of an Asset Purchase Agreement by which EDF RE will construct the 150-MW Merricourt Wind Project in North Dakota.
Upon completion, the wind project will be turned over to Otter Tail Power. The transaction closing is subject to conditions precedent.
The Merricourt Wind Project is located on approximately 13,700 acres south of Edgeley, North Dakota, in McIntosh and Dickey counties. It will consist of 75 Vestas V110-2.0MW wind turbines. The turbines are expected to be manufactured in Vestas’ Colorado-based facilities. The project will create 150+ construction jobs and 10 long-term, full-time positions. Upon commercial operation in 2019, renewable energy will be provided to about 65,000 homes in the Otter Tail Power service territory.
“We are excited to be partnering with Otter Tail Power Company to deliver competitively priced, clean energy to OTPC’s customers through the Merricourt Wind Project,” said Ryan Pfaff, Executive Vice President at EDF Renewable Energy.
Today, wind energy supplies about 19% of Otter Tail Power’s electricity generation. With this addition, customers will receive nearly 28% of their energy from wind.
Otter Tail Power President Tim Rogelstad said: “Our North Dakota service area has some of the best wind resources in the country to produce low-cost energy. And, because of advances in technology, this wind farm will have a high energy output—even by North Dakota standards.”
EDF Renewable Energy is a leading U.S. independent power producer with more than 25 years of expertise in the renewable industry. It specializes in wind and solar photovoltaic with presence in other segments of the renewable energy market: storage, biogas, biomass, hydro, and marine energy. EDF Renewable Energy is a subsidiary of EDF Energies Nouvelles.
Otter Tail Power, a subsidiary of Otter Tail Corp. (NASDAQ Global Select Market: OTTR), is headquartered in Fergus Falls, Minnesota. It provides electricity and energy services to more than a quarter million people in Minnesota, North Dakota and South Dakota.