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EDP Renewables North America Signs PPA with Tennessee Valley Authority

Thursday, February 18, 2010

EDP Renewables (the fourth largest wind operator in the world), through its subsidiary Horizon Wind Energy, has just entered into a 20-year Power Purchase Agreement with Tennessee Valley Authority (TVA) to sell 115 MW of renewable wind energy from the first phase of its Pioneer Prairie Wind Farm located in Mitchell and Howard Counties in Iowa.

 

Energy from Pioneer Prairie Wind Farm will be delivered to homes and businesses in TVA’s service area in parts of seven southeastern states.
 
“We are pleased that this marks our first Power Purchase Agreement with TVA,” said Ana Maria Fernandes, Chief Executive Officer of EDP Renewables. 
 
“We look forward to a long partnership with TVA to supply their customers with pollution-free wind energy.”
 
The Pioneer Prairie Wind Farm, which is located in Iowa along the Minnesota state line in Howard and Mitchell counties, has an installed capacity of 300 MW - enough to power more than 90,000 American homes annually. 
 
EDP Renewables North America, through its subsidiary Horizon Wind Energy, also has a long term power purchase agreement in place to sell 102.3 MW of renewable energy from the second phase of Pioneer Prairie Wind Farm to AmerenUE.