The projects, once they achieve commercial operations, will be acquired by TerraForm from SunEdison.
The agreements follow SunEdison’s recent announcement that it will acquire First Wind in a $2.4bn deal. This deal is expected to be completed in the first quarter of 2015.
SunEdison will acquire more than 1.6GW of pipeline and backlog projects, of which 1.4 GW were already PTC and or ITC qualified projects.
SunEdison president and chief executive officer Ahmad Chatila said: "The purchase of these PTC qualified wind turbines will further enhance our renewable energy development engine and increase its already impressive growth trajectory.
"The acquisition of First Wind accelerates our ability to capitalize on the attractive growth opportunities in the global wind power markets.
"We planned for the most conservative case – that the PTC was not extended. However, when a two week extension of the PTC was created, we moved very quickly and secured the 2014 purchase of top-tier turbines."
TerraForm president and chief executive officer Carlos Domenech said: "The addition of 1.6 GW of wind energy projects will cement TerraForm’s position as one of the leading renewable energy asset owners in the world."
Image: SunEdison has signed supply agreements to support construction of up to 1.6GW of incremental wind projects. Photo: courtesy of dan/Freedigitalphotos.net.
