Under a Balance of Plant (BOP) agreement, RES Americas will build Longhorn, which is its 18th renewable energy project in Texas.
The 200MW project, which will be located in Floyd and Briscoe counties, is expected to be complete by the end of 2014.
EDF Renewable Energy executive vice president Ryan Pfaff said the acquisition represents a key component of company’s growth strategy for 2014 and 2015.
"The strong relationship between EDF Renewable Energy and RES Americas made this transaction possible, and enabled the project to commence construction prior to the December 31, 2013 PTC qualification deadline," Pfaff added.
In addition, the company also secured a long-term and fixed-price hedge agreement for the expected energy production of the project.
