EDP Renováveis to supply Salesforce with 80 MW of wind power
In the long run, the Power Purchase Agreement (PPA) will bring Bright Stalk Wind Farm to McLean County, Illinois, in 2019.
EDP Renováveis SA (EDPR), through its wholly-owned subsidiary EDP Renewables North America LLC (EDPR NA), has announced the signing of a 15-year 80 MW PPA with Salesforce to sell the energy produced by Bright Stalk Wind Farm in McLean County, Illinois. This PPA is part of the 405 MW announcement issued by EDPR on July 3rd.
Boasting 205 MW, Bright Stalk Wind Farm will produce enough clean electricity to supply more than 71,000 homes in Illinois every year. The wind farm will also create hundreds of jobs during the construction works, which are expected to kick off next year, as well as several permanent jobs during the project's lifespan. The project is expected to be fully operational by the end of 2019. Bright Stalk Wind Farm will soon become EDP Renováveis' third operational wind farm in McLean County.
"We at Salesforce are committed to doing our part to step up to the challenge of climate change – the biggest, most important and most complex challenge mankind has ever faced," said Salesforce Vice President for Sustainability Patrick Flynn. "This agreement is a huge step toward our goal of powering our operations with 100 percent renewable energy by 2022, and we are excited to work with EDP Renewables on this urgent initiative," he added.
"EDP Renewables is proud to partner with Salesforce to help the company meet the commendable commitment of powering its operations exclusively with renewable energy sources," said EDP Renováveis CEO João Manso Neto. "This agreement is a major milestone for EDP Renováveis and paves the way for our company to expand our presence as a wind industry leader in the state of Illinois," he argued.
About EDP Renováveis (EDPR)
EDP Renováveis (Euronext: EDPR) is a global leader in the renewable energy industry and the world's fourth-largest wind power producer. With a sound development pipeline, first-class assets and market-leading operating capacity, EDPR has grown exponentially in recent years and is currently operating in 13 markets (Belgium, Brazil, Canada, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK, and the US). Energias de Portugal SA (“EDP”), EDPR's major shareholder, is a global energy company and a leader in value creation, innovation, and sustainability. EDP has been listed in the Dow Jones Sustainability Index for 10 consecutive years.
For more information, visit www.edpr.com.
About EDP Renewables North America
EDP Renewables North America LLC ("EDPR NA") and its subsidiaries develop, build, own, and operate wind and solar farms in North America. Headquartered in Houston, Texas, with 45 wind farms, 5 solar farms and 13 regional and development offices in North America, EDPR NA has developed more than 6,200 MW and operates over 5,600 MW in renewable energy projects. EDPR NA is owned by EDP Renováveis SA (EDPR).
For more information, visit www.edprnorthamerica.com.