Acciona Energía Buys 2 Texas Wind Farms
Acciona Energía announced the expansion of its portfolio in the United States with the acquisition of two new wind farms: Green Pastures I (150MW) and Green Pastures II (150MW), located in Baylor and Knox Counties, North-Central Texas. The purchase significantly increases Acciona Energía’s installed capacity in the US.
The projects, acquired for US$202.5 million, are fully operational and were purchased from various private asset management entities. Combined, the two wind farms will generate approximately 1.1TWh of renewable energy per year.
Green Pastures I and II are connected to the Electric Reliability Council of Texas (ERCOT) grid, which manages 90% of Texas’s electricity transmission, distribution, and commercialization. ERCOT is one of the most active and advanced renewable integration markets globally.
These two new wind farms become part of Acciona Energía’s portfolio of renewable projects in North America, where it already had a total of 2.8GW installed, and reinforce the company’s position as a key player in the US energy transition. The company said that the location of these projects is optimal, complementing its fleet in terms of geographical diversification.
