EDF Renewables Enters Nebraska Wind Market
- Jan 29, 2019
EDF Renewables North America has entered an agreement with York Nebraska Wind Partners to acquire the entire interest in the 300-megawatt Milligan 1 Wind Project located in Nebraska, marking the renewable energy developer’s first project in the state. The seller is a joint venture comprising Aksamit Resource Management and York Capital Management.
Milligan 1 Wind is currently under development in Saline County in southern Nebraska and is slated for completion in late 2020. Once finalized, it will sell its generated energy and renewable energy credits (RECs) into the Renewable Power Pool, the founding member of the North American Electric Reliability Corp.
The expected electricity generated at full capacity is estimated to meet the consumption of up to 115,000 average homes, the equivalent to avoiding more than 900,000 metric tons of carbon dioxide annually, or as much as the greenhouse emissions from 190,000 passenger vehicles in one year.
“EDF Renewables is pleased to bring 30 years of expertise in development, construction, and operation to Nebraska,” Matthew McCluskey, senior director of development for EDF Renewables, said in a prepared statement. “Nebraska’s abundant wind resource and supportive regulatory environment combine to create an opportunity for EDF Renewables to bring the benefits of jobs, landowner payments, and state and local tax revenue to the local community.”