Southern Power acquires Deuel Harvest Wind Farm
March 29, 2021 at 10:00 AM EDT
ATLANTA, March 29, 2021 /PRNewswire/ -- Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced the acquisition of its 14th wind project — the 300-megawatt (MW) Deuel Harvest Wind Farm — from Invenergy, a leading developer, owner and operator of sustainable energy solutions.
"We are pleased to announce the acquisition of our 14th wind project," said Southern Power President Bill Grantham. "Deuel Harvest is Southern Power's largest wind project to date and will serve as an important piece of our growing renewable portfolio."
Located in Deuel County, South Dakota, Deuel Harvest was developed by Invenergy and utilizes 109 wind turbines manufactured by GE Renewable Energy. The project achieved commercial operation Feb. 23, 2021.
The electricity and associated renewable energy credits (RECs) generated by the facility are being sold under two separate power purchase agreements—a 25-year agreement with Great River Energy, expected to commence January 2023, and a 15-year agreement with Xcel Energy, expected to commence in October 2021. Southern Power will be the majority owner. Invenergy will retain a minority ownership position, and Invenergy Services, a subsidiary of Invenergy that provides end-to-end energy solutions for asset owners, will operate and maintain the facility.
With the addition of Deuel Harvest, Southern Power's wind portfolio consists of more than 2,533 MW of wind generation. Southern Power's wind facilities are a part of the company's 4,928-MW renewable fleet, which consists of 43 solar and wind facilities operating or under construction.
This project aligns with Southern Company's strategy to provide a more sustainable future by investing in clean energy solutions. Southern Company was one of the first U.S. utilities to set a bold, industry-leading goal of achieving net zero carbon emissions by 2050.
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SOURCE Southern Power