Panhandle windfarm sold to California energy company
Wed, 24 Jul 2013 16:00:00 GMT —
HEREFORD, Texas (AP) - A California-based energy company has reached a deal to buy the first phase of a 500-megawatt wind turbine farm planned for the Texas Panhandle.
Officials with EDF Renewable Energy of San Diego say the agreement with Lincoln Renewable Energy includes an option to acquire the second phase of the Hereford Wind Project. Hereford is about 40 miles southwest of Amarillo.
Construction on the first phase should begin later this year. Transmission lines will connect the wind generating capacity of the area to high electricity demand parts of Texas.
No purchase price was announced Monday.
EDF also operates the Bobcat Bluff wind turbine farm about 20 miles south of Wichita Falls and the Spinning Spur project near Vega, about 25 miles west of Amarillo.
Lincoln Renewable Energy is based in Chicago.
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7/24/2013 9:39:45 AM (GMT -5:00)