Printer Friendly

EDP Renewables, Facebook partner to develop new wind farm.

EDP Renewables, through its fully-owned subsidiary EDP Renewables North America, announces that it has secured a 139 megawatt 15-year power purchase agreement with Facebook for the energy produced from its Headwaters II Wind Farm in Randolph County, Indiana. The 200 MW Headwaters II Wind Farm will produce enough clean electricity to power the equivalent of more than 52,000 homes each year and will provide economic benefits including jobs throughout the project's construction and operation, landowner payments, and money spent in neighboring communities. Through its Headwaters I Wind Farm, also located in Randolph County that became operational in 2014, EDP Renewables has paid approximately $2.6M in cumulative payments to local governments through 2017. The addition of the Headwaters II Wind Farm will result in more tax payments contributed to the county. This PPA is a step forward for Facebook in its sustainability goal of supporting all of its operations with clean and renewable energy.

COPYRIGHT 2018 The Fly
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Fly
Date:Aug 2, 2018
Previous Article:WMIH subsidiary Xome acquires Assurant 's Mortgage Solutions Group for $35M.
Next Article:Hilton Grand Vacations acquires six floors of DoubleTree in Chicago.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters