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Southern Company subsidiary acquires additional wind facility in Texas
As part of the company's renewable growth strategy, Southern Company subsidiary Southern Power today announced the acquisition of the 276-megawatt (MW) Bethel Wind Energy Center in Texas from Invenergy LLC (Invenergy).
"Bethel Wind is an important piece of our renewable portfolio as we expand our wind generating capacity in 2017," said Southern Power President and CEO Buzz Miller. "This facility will help serve our customers with clean wholesale energy."
With the addition of the Bethel Wind Energy Center, Southern Power owns more than 3,200 MW of renewable generation across 36 solar, wind and biomass facilities either announced, acquired or under construction. In total, the Southern Company system has added or announced more than 6,500 MW of renewable generation since 2012.
Blattner Energy Inc. constructed the Bethel Wind Energy Center, and Invenergy will operate and maintain the facility upon completion. Located in Castro County, the Bethel Wind Energy Center utilizes 120 wind turbines manufactured by General Electric Renewable Energy. Construction activities began in January 2016 and final commissioning of the turbines is expected to be completed in January 2017.
The majority of the electricity and associated renewable energy credits (RECs) generated by the facility will be sold under a long-term agreement with a large commercial customer. Southern Power, through its subsidiaries, will retain the remainder of the electricity and associated RECs, which it may keep or sell.
This project aligns with Southern Power's overall business strategy of strengthening its wholesale business through acquiring and constructing generating assets substantially covered by long-term contracts.