EDF Renewables North America has sold the development assets related to the 91MW Ivester wind project to MidAmerican Energy.
The proposed 91MW wind project encompasses nearly 7,000 acres of land in Grundy County, approximately 85 miles northeast of Des Moines, Iowa.
EDF Renewables’ North Region development vice president Kate O’Hair said: “We are pleased to once again work with MidAmerican Energy to assist them in meeting their renewable energy goals. This opportunity expands on our long-term business relationship, having partnered on 771MW of wind facilities in Iowa.”
The transaction contributes to MidAmerican Energy’s 2GW Wind XI project, first announced in April 2016. By year-end 2020, the company expects annual renewable energy generation to reach a level that’s equivalent to more than 90% of annual retail customer usage.
O’Hair further said: “The development of renewable energy is a critically important task for the nation and for local rural communities. We applaud MidAmerican Energy for their vision and commitment to construct additional wind energy generation and allow economic and environmental benefits to preserve the rural Iowa lifestyle.”
Source: Company Press Release