EDP ​​Renewables begins construction of 240 megawatts in Texas

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Houston, Texas, Sept. 20, 2022 (GLOBE NEWSWIRE) — EDP Renewables North America (EDPR NA), one of North America’s leading renewable energy developers and operators, announces the start of construction of its Cattlemen I 240 megawatt (MW) solar farm in Milam County, Texas.

The Cattlemen Solar Farm, which was developed and built and will be operated by EDPR NA, will bring a host of economic benefits to Milam County and the Greater Central Texas region with millions of dollars going to local landowners. , or an anticipated $55 million in taxes that will be paid to support area schools and community services, and millions of dollars that will be spent locally during the project’s construction and its decades-long operational life. Ranchers will also support local jobs – both in the 400 job opportunities created during construction and in the many full-time crew members who will be employed to safely manage and carry out routine maintenance of the park during operations. Once online in 2023, Cattlemen’s generation will equal the consumption of more than 37,000 average Texas households. Cattlemen will also save more than 304 million gallons of water and avoid more than 271,000 tons of CO2 each year that would be required for conventional generation sources to produce the same energy capacity as the solar farm.

“Cattlemen is EDP Renewables’ first solar farm in Texas and will soon be our largest operational solar farm in our North American portfolio,” Kris Cheney, Executive Vice President of EDP Renewables North America – Central and Western Regions and Mexico, Environmental Affairs and Energy Storage Analytics, said. “The Milam County community has been a great partner throughout the development of Cattlemen. As we get closer to operations, we look forward to continuing this partnership as a contributing member of the community and expanding our relationships with landowners, local authorities and residents. »

EDP ​​Renewables is a clean energy leader in Texas. The company’s North American headquarters is in Houston and operates six wind energy projects across the state, including two phases of the Lone Star Wind Farm, two phases of the Los Mirasoles Wind Farm, the Reloj del Sol Wind Farm and the Wildcat Creek Wind Farm. Cultivate. The projects’ total operating capacity is 1,089 MW, which generates enough electricity to power more than 236,000 average Texas homes annually. EDPR’s presence in Texas totals approximately $1.9 billion in capital investments and more than 550 jobs.

Cattlemen has entered into two long-term commercial agreements for the project: a 156 MW power purchase agreement (PPA) with Meta (NYSE: FB) and a 60 MW PPA with Bristol Myers Squibb (NYSE: BMY). Cattlemen Solar Park is the second PPA that EDP Renewables and Meta have executed; the companies’ first PPA was a 139 MW contract for EDPR NA’s 200 MW Headwaters II wind farm in Indiana.

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About EDP Renewables North America

EDP ​​Renewables North America LLC (EDPR NA), its affiliates and subsidiaries develop, build, own and operate wind farms and solar farms throughout North America. Headquartered in Houston, Texas, with 58 wind farms, nine solar farms and eight regional offices across North America, EDPR NA has developed over 8,800 megawatts (MW) and operates over 8,200 MW of power projects. large-scale onshore renewable energy. With over 950 employees, EDPR NA’s highly skilled team has a proven ability to execute projects across the continent.

For more information, visit www.edpr.com/north-america.

About EDP Renewables

EDPR NA is a wholly owned subsidiary of EDP Renewables (Euronext: EDPR), a world leader

the renewable energy sector. EDPR is the fourth largest producer of renewable energy in the world with a presence in 28 markets in Europe, North America, South America and Asia-Pacific. Headquartered in Madrid and with main regional offices in Houston, São Paulo and Singapore, EDPR has a strong development pipeline with blue-chip assets and state-of-the-art renewable energy operational capability. These include onshore wind, utility-scale and distributed solar, offshore wind (via its 50/50 JV – OW) and complementary technologies to renewables such as batteries and green hydrogen. EDPR’s employee-centric policies have resulted in its recognition as Top Workplace 2022 in the United States, Top Employer 2022 in Europe (Spain, Italy, France, Romania, Portugal and Poland) and Brazil, as well as to its inclusion in the Bloomberg Gender-Equality Index.

EDPR is a division of EDP (Euronext: EDP), a leader in energy transition with a focus on decarbonisation. In addition to its strong presence in renewables (with EDPR and hydropower operations), EDP has an integrated presence in utilities in Portugal, Spain and Brazil, including power grids, customer solutions and power management. energy. EDP ​​– EDPR’s largest shareholder – has been listed on the Dow Jones Index for 14 consecutive years, having recently been named the index’s most sustainable power company.

  • EDP ​​Renewable Energy Logo

  • Cattlemen Solar Park Logo


        
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