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Austin Energy signs wind PPA for Texas Wind Farm

Posted by Industry News on Feb 25, 2014

Austin Energy has signed a 300 MW 18-year wind power purchase agreement with Lincoln Renewable energy for the 160-turbine wind farm in Castro County, Texas. This agreement replaces a 170 MW 25-year agreement that Austin signed with E.ON Climate & Renewables last June as a result of its March 2013 request for proposals for wind power projects. According to an Austin Energy memorandum to the Austin City Council, E.ON declined to execute the 170 MW power purchase agreement because of tax and financing issues related to the proposed project. Read more here.