GE Renewable Energy has been selected to provide 107 of GE’s 2.82-127 onshore wind turbines for the 302 MW Lincoln Land Wind project in Morgan County, Illinois.
The wind farm is owned by funds managed by the Infrastructure and Power strategy of Ares Management Corporation. Apex Clean Energy led the development of Lincoln Land Wind and Ares finalized preconstruction milestones, including securing turbines, financing, and other project contracts.
Steve Porto, Managing Director of Ares Infrastructure and Power, said “We are proud to once again work with GE Renewable Energy. We believe trusted partners are critical to building projects of this scale and delivering low cost energy to our customers and with an effort to deliver strong results for our investors.”
The wind farm will provide 126 MW of renewable energy to McDonald’s and approximately 175 MW to Facebook through separate power purchase agreements (PPAs). GE Energy Financial Services (GE EFS) is providing tax equity for the project.
The partnership with GE also includes a 20-year full-service agreement. The project is anticipated to be completed by the end of 2021.