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SAN DIEGO (Nov. 26, 2013) EDF Renewables today announced it has acquired the 200 megawatt (MW) Hereford 1 Wind Project in the Texas Panhandle from Lincoln Renewable Energy and construction has commenced.
Encompassing approximately 15,000 acres in Deaf Smith County, southeast of the town of Hereford, the project will take advantage of the CREZ (Competitive Renewable Energy Zone) transmission lines connecting the wind generating capacity of the Texas Panhandle to high electricity demand areas in the state. EDF Renewables has also secured a long-term, fixed-price hedge agreement for the expected energy production.
EDF Renewables presently has 561 MW of wind capacity either in construction or ready-to-build in the State of Texas.