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.
ENGIE North America announced today that its Houston headquarters is under contract for renewable energy from one of its own 200 MW wind projects located near Texas.
Read moreØrsted has completed its Permian Energy Center project, a 460 MWAC hybrid solar and battery storage facility located in Andrews County, Texas.
Read moreHydrostor, a long duration energy storage solution provider, today announced the development of 1,000 MW of long duration energy storage in California.
Read moreMSD, a biopharmaceutical company known as Merck & Co. Inc., enters into an agreement to purchase energy from the 200 MW Armadillo Solar Center in Navarro County, Texas.
Read moreNorthern Indiana Public Service Company, LLC (NIPSCO), and the Clean Energy Infrastructure (CEI) business of Capital Dynamics have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project.
Read more