Published: 22 August 2019 22 August 2019
GlidePath Power Solutions (GlidePath) has announced its acquisition of a 149MW portfolio of wind farms in North Texas, USA. This latest acquisition brings GlidePath’s operating portfolio to more than 445MW, in addition to its development pipeline of more than 1GW of battery storage projects across the USA.
The wind portfolio, acquired from Exelon Generation, is comprised of eight distributed wind energy projects located north of Amarillo that serve the Southwest Power Pool (SPP) market. Terms of the sale were not disclosed. GlidePath’s operations team will optimise the performance of the wind farms while the company explores opportunities to develop on-site battery storage systems. GlidePath is a portfolio company of Quinbrook Infrastructure Partners, a specialist investor in low-carbon and renewable energy infrastructure.