AP NEWS

EDF Renewables North America Acquires Nebraska Wind Project

January 17, 2019

SAN DIEGO--(BUSINESS WIRE)--Jan 17, 2019--EDF Renewables North America has closed on a purchase agreement with York Nebraska Wind Partners, LLC, a partnership comprised of Aksamit Resource Management, LLC and York Capital Management for 100-percent of the interests in the 300 megawatt (MW) Milligan 1 Wind Project located in Nebraska. The Project is currently in development with anticipated operation to commence in late 2020.

The Project, sited in Saline County in southern Nebraska, will sell its generated energy and Renewable Energy Credits (RECs) into the Southwest Power Pool. Milligan 1 Wind marks the first project for EDF Renewables in Nebraska.

“EDF Renewables is pleased to bring 30 years of expertise in development, construction, and operation to Nebraska,” commented Matthew McCluskey, Senior Director of Development for EDF Renewables. “Nebraska’s abundant wind resource and supportive regulatory environment combine to create an opportunity for EDF Renewables to bring the benefits of jobs, landowner payments, and state and local tax revenue to the local community.”

The expected electricity generated at full capacity is enough to meet the consumption of up to 115,000 average homes. This is equivalent to avoiding more than 900,000 metric tons of CO₂ emissions annually 1 which represents the greenhouse gas emissions from 190,000 passenger vehicles driven over the course of one year.

EDF Renewables is one of the largest renewable energy developers in North America with 15 gigawatts of wind, solar, storage, projects developed throughout the U.S., Canada, and Mexico.

1 According to US EPA Greenhouse Gas Equivalencies calculations.

About EDF Renewables North America:

EDF Renewables North America is a market leading independent power producer and service provider with over 30 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distributed solutions: solar, solar+storage, EV charging and energy management; and asset optimization: technical, operational, and commercial skills to maximize performance of generating projects. EDF Renewables’ North American portfolio consists of 15 GW of developed projects and 10 GW under service contracts. EDF Renewables is a subsidiary of EDF Renouvelables, the dedicated renewable energy affiliate of the EDF Group.

For more information visit: www.edf-re.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190117005615/en/

CONTACT: Sandi Briner, 858-521-3525

MediaRelations@edf-re.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA NEBRASKA

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY UTILITIES

SOURCE: EDF Renewables North America

Copyright Business Wire 2019.

PUB: 01/17/2019 12:23 PM/DISC: 01/17/2019 12:23 PM

http://www.businesswire.com/news/home/20190117005615/en

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