Dive Brief:
- EDF Renewables bought the 200-MW Longhorn North wind project in Texas from RES Americas, a wind developer.
- The project will be eligible for federal production tax credits and EDF has secured a long-term agreement with an undisclosed utility to buy power from the wind farm.
- The Longhorn North wind project is the third EDF has bought in Texas this year, brining its capacity in the state to 561 MW.
Dive Insight:
It has been a busy end of year for the wind sector with scores of projects rushing to start construction before the PTC expires at the end of the month. Mergers and acquisitions are up.