Duke Energy Renewables acquires 50% stake in 211 MW Texas wind power project from Sumitomo with Mars Inc. as offtaker
Written By: Tracy Dawson Roses
September 1, 2015
On September 1, Duke Energy Renewables announced that it had acquired a 50-percent stake in Mesquite Creek Wind, a 211-megawatt wind power project near Lamesa, Texas, through its joint venture partnership with Sumitomo Corp. of Americas.
Global food manufacturer Mars Inc. is purchasing the power and associated renewable energy credits from the wind farm for a 20-year period. The facility began operations in April of this year.
Greg Wolf, president of Duke Energy’s Commercial Portfolio commented:
Mars is an industry leader in using sustainable business practices to meet its customers’ needs. We’re proud to partner with Sumitomo to provide emissions-free wind energy to Mars and help them achieve their goal of carbon neutral operations by 2040.”
Mesquite Creek Wind consists of 118 1.7 MW GE wind turbines, enough to provide electricity for Mars’ entire U.S. operations comprised of 70 sites, including 37 factories. The acquisition increases Duke Energy Renewables’ Texas wind capacity to more than 1,200 MW.