TradeWind seals Oklahoma PPAs
Developer TradeWind Energy says it has entered into 20-year power purchase agreements with Grand River Dam Authority (GRDA) for two Oklahoma wind projects totaling 234MW
Financial terms of the deals were not made public. State-owned GRDA is a wholesale electricity generator and supplier.
They cover the 136MW Mustang Run project in Osage County and 98MW Breckinridge project near Enid. TradeWind, based in Lenexa, Kansas, estimates the project will provide power for about 65,000 homes.
“The addition of these wind projects will help bring the diversity we need,” GRDA chief executive Dan Sullivan said. “The fuel options we will have in the future will continue to serve our customers well with reliability and affordability.
With Mustang Run and Breckinridge, TradeWind will have developed or begun construction on six wind projects in Oklahoma since 2011. The projects represent just under 1GW of capacity, $1.6bn in capital investment and well over $200m in aggregate landowner payments.