- Published: 25 November 2015 25 November 2015
EDF Renewable Energy (EDF RE) has closed on the transaction to sell a 50 per cent interest in the 194MW Spinning Spur 3 Wind Project in Texas to a fund managed by BlackRock’s Infrastructure Investment Group.
The Project commenced construction of its 97 Vestas V-100 2 MW wind turbines in October 2014 and declared commercial operation in September 2015. The electricity generated from the Spinning Spur 3 Wind Project feeds into the CREZ (Competitive Renewable Energy Zone) transmission infrastructure and provided to two municipal utilities, Georgetown Utility Systems and Garland Power & Light, under long-term Power Purchase Agreements. EDF RE remains closely involved in Spinning Spur 3 Wind maintaining 50 per cent ownership stake. EDF Renewable Services will provide balance-of-plant operations and maintenance for the facility including 24/7 remote monitoring from its NERC compliant Operations Control Center (OCC).