Evergy Buys 199 MW Persimmon Creek Wind Farm from it’s Partners in Oklahoma

0
60

Reading Time: 1 minutes

Evergy and partnership with Elawan Energy and Scout Energy, announced that Evergy will buy the Persimmon Creek Wind farm in western Oklahoma at a price of approximately $250 million. Customers in the Evergy Missouri West area will benefit from the renewable energy generated by this wind farm.

David Campbell, Evergy’s president and CEO, stated that Evergy will continue to tap into the Midwest’s renewable energy resources in order to provide services for its customers. “Expanding our portfolio in renewable generation allows us to ensure that customers reap the long-term rewards of these assets,” the CEO added.

Evergy will add over 3,500 MW to renewable energy in the next 10 year and eliminate more than 1,900MW of fossil-based coal generation. Evergy set a goal to reduce carbon by 70% by 2030, relative to 2005 levels, and to achieve net-zero carbon emissions in 2045. To achieve the net-zero goal, Evergy expects to use a combination of supportive energy policies and new technology.

ALSO READ  Total Eren Announces Completion of Over Equipment Work of 3 Major Wind Farms in Portugal

Campbell stated that Evergy’s commitment is affordable, reliable, and sustainable electricity. Persimmon Creek Wind Farm supports these three tenants. This addition is part our responsible transition towards cleaner energy. It includes maintaining a balanced mixture of generation sources to ensure that we deliver the power our customers require.

Persimmon Creek Wind Farm was commercially operational in 2018. It has 80 General Electric turbines that cover 17,000 acres in Oklahoma’s Dewey, Ellis, and Woodward counties.

Persimmon Creek Wind Farm’s acquisition is expected to close in early 2023. However, closing conditions and regulatory approvals remain. Morgan, Lewis & Bockius LLP was Evergy’s legal adviser on the transaction. Scout and Elawan were advised by McDermott Will & Emery LLP.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.