EDPR announces a new PPA in the US
Tuesday 12, February 2019
Madrid, February 12th, 2019: EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewables North America LLC, has secured a 15-year Power Purchase Agreement (“PPA”) - with Tri-State Generation and Transmission Association, Inc. to sell the energy produced from its Crossing Trails Wind Farm.
The wind farm, which is expected to commence operations in 2020, is located in the U.S. state of Colorado and will be EDPR’s first project in the state.
With this new contract, EDPR has now secured ~1.2 GW of long-term wind energy agreements in the U.S. for projects to be installed in 2019 and 2020.
EDPR's success in securing new PPAs reinforces its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility.
EDP Renováveis, S.A.