EDPR secures PPA for new 200 MW wind farm in the US
EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewables North America LLC, signed a 20-year Power Purchase Agreement (“PPA”) with Kansas City Power & Light Company to sell the renewable energy produced from its 200 MW Waverly wind farm project to be installed in the state of Kansas and expected to start selling electricity under the PPA in 2016.
Since the beginning of 2013 EDPR has already secured 1,200 MW of new PPAs, of which 250 MW for projects that were already in operation and 950 MW for new projects to be installed in 2014 and beyond.
The success of EDPR in securing new PPAs reinforces the company’s low risk profile and provides solid visibility to its growth prospects.
EDP Renováveis, S.A.