Southern Power has acquired its 13th wind project: a 56-megawatt facility in West Virginia, Kallanish Energy reports.
The Beech Ridge II Wind Facility with 20 turbines was acquired from Invenergy that had developed the wind farm in Greenbrier County.
The sale price was not disclosed.
The project achieved commercial operation on May 1.
“This project marks Southern Power’s first renewable asset in the Mid-Atlantic region, and it’s an important step in the continued growth of Southern Power’s wind portfolio,” said Southern Power CEO Mark Lantrip in a statement.
The electricity and associated renewable energy credits are being sold under a 12-year power purchase agreement.
Southern Power will be the majority owner. Invenergy will retain a minority ownership position and Invenergy Services will operate and maintain the facility.
With the deal, Southern Power’s wind portfolio grows to more than 2,100 megawatts. It has 4,510 megawatts in 41 solar and wind facilities operating or under construction.
Southern Power is a leading U.S. wholesale energy provider and a subsidiary of Southern Company.
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