RWE signs two 15-year Power Purchase Agreements with Microsoft to supply clean energy from two onshore wind projects in Texas with a combined capacity of 446 megawatts
May 23 2024 - 10:13AM
RWE, one of the leading renewable energy companies in the U.S. and
worldwide, has signed two 15-year Power Purchase Agreements (PPAs)
with Microsoft Corporation. Under the PPAs, Microsoft will purchase
clean electricity from two new RWE onshore wind farms in Texas.
The official groundbreaking for the RWE Peyton Creek II onshore
wind farm has just taken place and for the Lane City project, RWE
made the investment decision. The two onshore wind projects have a
combined capacity of 446 megawatts (MW).
Andrew Flanagan, CEO of RWE Clean Energy: “As RWE, we are
excited to be working with Microsoft to provide the clean
electricity they need to achieve their sustainability goals.
Together, we’re united in our efforts to deliver a clean energy
future. As a growing green business, we are committed to driving
our renewable targets, supporting local communities grow
sustainably.”
To build the Peyton Creek II and Lane City onshore wind farms,
RWE has brought together leading renewable industry companies
Vestas, Wanzek Construction, Inc., a MasTec Renewables company, and
RES, a global renewable energy solutions company.
RWE will use the V163 4.5 MW turbines from Vestas North America.
RWE has enlisted Wanzek and RES to lead construction activities at
Peyton Creek II and Lane City on behalf of RWE.
Construction of the Peyton Creek Wind Complex is underway. The
243 MW project is located near RWE’s Peyton Creek I wind farm in
Bay City, Texas, which has been in operation since March 2020.
Construction of the Lane City project will start this summer. It
has a capacity of 203 MW.
The projects underscore RWE’s leadership position as a
preeminent clean energy player and will expand its footprint in
Texas. Texas is RWE’s largest U.S. market, with 33 operational
renewable projects totaling 4.3 GW of installed capacity, enough to
power 2.76 million homes per year. Once the two projects are
completed, RWE’s renewables footprint in Texas will grow to 4.8 GW,
strengthening its position in this section of the ERCOT market.
This will add to RWE's current renewables portfolio in the U.S. of
9.3 GW across wind, solar and batteries.
RWE is committed to partnering with the communities in which it
owns and operates renewables facilities to ensure long-term
economic benefits, employment opportunities and tax revenues to
support local schools, law enforcement. fire districts and other
essential services. Both Peyton Creek II and Lane City are expected
to generate between 250-300 jobs each during construction and 20
full-time jobs once operational. Additionally, Peyton Creek II will
provide approximately $300 million to the local tax base in
Matagorda County and Lane City will provide $300 million to the
local tax base in Wharton County.
For more information, visit americas.rwe.com.
- RWE signs two Power Purchase Agreements with Microsoft
Patricia Kakridas
RWE
619-753-5206
patricia.kakridas@rwe.com