300 MW offshore wind project acquisition in USA

ALLETE Clean Energy has acquired the 300 MW Caddo wind project in Oklahoma, USA from Apex Clean Energy, including plans to sell energy to three Fortune 500 corporate customers.

The Caddo site will double ALLETE Clean Energy’s capacity to serve the accelerating corporate demand for clean energy. The project is located in Caddo County in southern Oklahoma.

ALLETE Clean Energy President Allan S. Rudeck Jr. said: “When the Caddo wind project comes online, we expect nearly half of our total wind capacity will be sold into the corporate market with strong, creditworthy off-takers and under long-term contracts. Our total wind capacity also will have nearly tripled in four years. We’re honored to help corporate customers reduce their carbon footprint and reach their clean energy goals. We’re also proud to be working with Apex Clean Energy again, and we will work together to finalize development with local residents, landowners and policymakers, and build assets that position ALLETE Clean Energy for long-term growth.”

The Caddo wind project is expected to be operational by the end of 2021, and will use a portion of ALLETE Clean Energy’s wind turbines that qualify for the safe harbor provision of federal renewable energy production tax credits. 

Caddo’s approximately 60-110 turbines will produce enough energy to power the equivalent of about 110,000 homes, and increase ALLETE Clean Energy’s total installed wind capacity to more than 1,300 megawatts.