ENGIE Purchases 151 MW Dakota Range Wind III From Apex Clean Energy
December 19 2018 - 9:06AM
Apex Clean Energy today announced the execution of a PPA with Xcel
Energy for Dakota Range Wind III and the sale of the wind project
to an affiliate of ENGIE North America. This represents Apex’s
second major transaction with Xcel Energy and its first with
ENGIE.“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.”“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.”Apex facilitated the PPA with Xcel for
the project’s full capacity. Dakota Range Wind III, located in
Grant and Roberts Counties, is expected to begin commercial
operations in late 2020.“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.”The 151.2 MW project represents the third installment of a
four-phase project in northeastern South Dakota. Xcel Energy also
purchased the Dakota Range Wind I and II projects.About Apex Clean
Energy Apex 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 portfolio 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
www.apexcleanenergy.com.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 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.
- Dakota Range III Press Release
Cat Strumlauf
Apex Clean Energy
(434) 227-4196
cat.strumlauf@apexcleanenergy.com