RES Group sells 198 MW Oklahoma wind farm to Exelon

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RES Group sells 198 MW Oklahoma wind farm to Exelon

Renewable Energy Systems (RES Group) has announced the sale of the Bluestem Wind Project in Oklahoma to Exelon Generation.

Exelon Generation is the nation's 12thlargest wind producer with a combined 1,500 megawatts of wind generation and more under construction.

RES developed the project and is the engineering, procurement and construction contractor. The transaction closed on December 24, 2015 with a notice to proceed for construction being issued at that time. RES simultaneously executed the turbine supply agreement with Vestas. Construction of the project will begin immediately, providing up to 300 jobs during the peak of construction.

The 198 MW project will consist of 60 Vestas 3.3MW V117 wind turbine generators (WTGs) and will be located in Beaver County, Oklahoma. 

Construction is scheduled to be completed at the end of 2016, bringing an approximately 845,000 MWh per year to the Southern Power Pool electrical system – enough to power over 77,000 U.S. homes. 

RES has constructed over 850 MW of the wind in the state. Bluestem is RES' seventh and will be Exelon Generation's first wind project in Oklahoma. 

A power purchase agreement for the project has been executed with Google and was announced on December 3, 2015on Google's Official Blog.

Glen Davis, CEO, RES, Americas, said: 

"RES is pleased to work with Exelon and Google in the pursuit of making data centers greener for the economy of tomorrow. Renewable energy generation will play a critical role for leading companies across the country as they strive to reduce their environmental footprint and secure long term economic renewable resources to power their industries."

Corey Hessen, Vice President Generation Development, Exelon Generation, said:

"We are excited about closing the Bluestem transaction and working with RES to add additional renewable and carbon-free generation to Exelon's operating fleet. We look forward to providing clean, cost effective energy to Google under this long-term agreement."

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