- Published: 21 April 2021 21 April 2021
Vitol has announced the acquisition of the 240MW Big Sky Wind operating wind farm from a fund managed by BlackRock for an undisclosed sum. Big Sky Wind will be acquired by Vitol affiliate Vitol Wind I.
Vitol will invest over US$ 250 million, in addition to the purchase price, to repower the wind farm. The repowering of Big Sky Wind will increase its annual energy output by 60% by year end 2022 and will entail the installation of new Vestas wind turbines, using the existing foundations and towers. Big Sky Wind is located in the PJM territory in Bureau and Lee Counties in Illinois, USA. Big Sky Wind takes Vitol’s renewable generation capacity in the US to over 700MW of wind and solar projects in operation or development.