Invenergy signs 100 MW PPA for wind project in Texas

Novartis has signed a Virtual Power Purchase Agreement (VPPA) to purchase 100 MW of the electricity generated by Invenergy’s Santa Rita East wind farm, located approximately 110km west of San Angelo, Texas.

The VPPA will deliver 100 MW of new wind power capacity to the Electric Reliability Council of Texas (ERCOT). Over the life of the 12-year agreement, the project is expected to reduce Novartis’s greenhouse gas emissions by more than 220,000 metric tons per year, which equates to removing more than 48,000 passenger vehicles from the road on an annual basis. The VPPA with Invenergy also represents more than 70% of the pharmaceutical company’s carbon footprint from purchased electricity in the U.S. market.

The Santa Rita East wind farm is expected to be online in 2019. This is the third PPA that Invenergy have signed for the project, with Grupo Bimbo and Merck agreeing to purchase output earlier this year.