Avangrid, Inc. (member of the Iberdrola Group), has announced the signing of a Power Purchase Agreement (PPA) with CPS Energy for a 161 MW portion of Avangrid’s 202 MW Peñascal I wind farm in Kenedy County, Texas south of Baffin Bay, USA.
This represents an extension and expansion of a previous 15-year agreement between the two companies for energy from Peñascal I. CPS Energy more than doubled its power offtake from the project – increasing from 77 MW to 161 MW – and will now receive almost 80% of the power generated there. Avangrid is supplying CPS Energy with enough energy from Peñascal I to power about 41,000 Texas homes.
Arriving to commercial operations in 2009, Peñascal I was the first wind power plant on the Texas coast. Supporting 16 permanent jobs in the neighborhood, it consists of 84 turbines producing 202 MW of renewable energy. In addition, since its construction, the wind farm has paid property taxes totaling around $30 million, which goes toward funding public services such as education.
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