Southern Power has acquired its 13th wind project — the 56MW Beech Ridge II wind facility from Invenergy.
Located in Greenbrier County, West Virginia, Invenergy has developed Beech Ridge II which uses 20 wind turbines produced by GE Renewable Energy. The project entered commercial service on May 1st, 2020.
“We are pleased to announce the acquisition of our 13th wind project. This project marks Southern Power’s first renewable asset in the Mid-Atlantic region, and it is an important step in the continued growth of Southern Power’s wind portfolio.”Mark Lantrip, CEO Southern Power.
The electricity and associated renewable energy credits generated by the facility are being sold under a 12-year power purchase agreement. The majority owner will be Southern Power. Invenergy will retain a minority ownership position, and the facility will be managed and maintained by Invenergy Services, a subsidiary of Invenergy which provides end-to-end energy solutions for asset owners.
Southern Power’s wind portfolio, with the addition of Beech Ridge II, consists of more than 2.100 MW of wind generation. Southern Power’s wind facilities are part of the company’s 4.510MW renewable fleet, which consists of 41 operating or under construction solar and wind facilities.