ENGIE North America Acquires Dakota Range III Wind Project in South Dakota
December 19 2018 - 9:05AM
Business Wire
ENGIE North America Inc. today announced it has acquired the
151.2 MW Dakota Range III wind project from Apex Clean Energy and
entered into a Power Purchase Agreement (PPA) with Xcel Energy for
the project’s full capacity.
The project, located in northeastern South Dakota, will generate
significant benefits to the local area, with annual payments to
landowners under land easements, local job creation during both
construction and commercial operation, purchases of local goods and
services, and local tax payments.
“Dakota Range III continues ENGIE’s significant expansion in the
utility-scale renewable market via both greenfield development and
acquisition,” said Matt Riley, Senior Vice President and Head of
U.S. Wind Development at ENGIE North America. “We look forward to
completing development of the project with Apex by the summer of
2019, and to serving Xcel Energy, one of the most ambitious
investors in renewable energy of any utility in the country.”
“Energy trends—including the falling cost of renewables and
increased awareness around cutting emissions—are growing the market
for the clean energy facilities and services that Apex delivers,”
said Mark Goodwin, Apex Clean Energy president and CEO. “Dakota
Range III demonstrates Apex’s flexibility in completing
transactions at every stage of the project life cycle, and we’re
proud to expand our track record of partnering with forward-looking
energy companies like ENGIE and Xcel.”
“We are pleased to once again work with Apex, and now ENGIE, to
bring cost-effective renewable energy to our customers,” said Chris
Clark, president, Xcel Energy - South Dakota. “We have a clean
energy strategy to nearly double the amount of wind energy on our
system in the Upper Midwest by 2022 and this investment in Dakota
Range III gets us closer to that goal.”
About ENGIE North America Inc.ENGIE North America manages
a range of energy businesses in the United States and Canada,
including clean power generation, cogeneration, and energy storage;
retail energy sales; and comprehensive services to help customers
run their facilities more efficiently and optimize energy and other
resource use and expense. Nearly 100 percent of the company’s power
generation portfolio is low carbon or renewable. Globally, ENGIE is
the largest independent power producer and energy efficiency
services provider in the world, with operations in 70 countries
employing 150,000 people, including 1,000 researchers in 11 R&D
centers. For more information, please visit www.engie-na.com,
@ENGIENorthAm, and www.engie.com.
About Apex Clean EnergyApex Clean Energy develops,
constructs, and operates utility-scale wind and solar power
facilities across North America. Our mission-driven team of more
than 200 renewable energy experts uses a data-focused approach and
an unrivaled pipeline of projects to create solutions for the
world’s most innovative and forward-thinking customers. For more
information on how Apex is leading the transition to a clean energy
future, visit apexcleanenergy.com.
About Xcel EnergyXcel Energy (NASDAQ: XEL) provides the
energy that powers millions of homes and businesses across eight
Western and Midwestern states. Headquartered in Minneapolis, the
company is an industry leader in responsibly reducing carbon
emissions and producing and delivering clean energy solutions from
a variety of renewable sources at competitive prices. For more
information, visit xcelenergy.com or follow us on Twitter and
Facebook.
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Julie Vitek713 636 1962julie.vitek@engie.com