Located approximately 125 miles northwest of Austin, the Rattlesnake wind project will feature 64 Goldwind 2.5MW permanent magnet direct-drive (PMDD) wind turbines.
Goldwind Americas CEO David Halligan said: "This investment in the Rattlesnake Wind Project highlights our long-term commitment to the US wind market and represents our first step of a five-year growth strategy to capitalize on the extension of the production tax credit."
The project marks the first phase of the proposed 300MW wind project, which is planned to be built by RES under a Balance of Plant agreement.
RES Americas president and CEO Glen Davis said: "The Rattlesnake Wind Project will be a valuable asset benefitting Texas’ electricity consumers, further evidence that the state’s encouragement of diverse generation resources is succeeding.
"RES looks forward to working alongside Goldwind Americas and contributing additional renewable electricity to the Electric Reliability Council of Texas (ERCOT) grid."
Financial terms of the deal were undisclosed.
Another unit of the Chinese group, Goldwind Capital has provided bridge financing to acquire the project.
At present, the company, in partnership with financial institutions, is negotiating a funding package which includes construction and tax equity financing and a long-term ERCOT fixed-price hedge for power production.
