Walmart, EDP Renewables Announce Three Wind Energy Power Purchase Agreements
October 16, 2018 at 10:00 am EDT
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Walmart and EDP Renewables (EDPR) announce three power purchase agreements (PPA) that will enable the construction of three new utility-scale wind farms – developed, owned, and operated by EDPR – in the states of Illinois and Indiana. Walmart’s cumulative 233 megawatt (MW) investment includes the following: 123 MW from the Bright Stalk Wind Farm; 60 MW from the Headwaters II Wind Farm; and 50 MW from the Harvest Ridge Wind Farm, formerly Broadlands Wind Farm. Walmart’s purchase through these agreements will produce enough electricity to power more than 60,000 average homes in Illinois and 15,000 average homes in Indiana with renewable energy each year. Additionally, these wind farms will bring economic benefits to their respective regions and states in the form of jobs, landowner and tax payments, and money spent in local communities. EDP Renewables is a wind industry leader in the states of Illinois and Indiana. To date, EDPR operates 797 MW of wind energy projects in Illinois and with the addition of the Bright Stalk Wind Farm and the Harvest Ridge Wind Farm, EDPR will further increase its footprint in Illinois, surpassing 1,200 MW, or 1.2 gigawatt (GW), of operational capacity by the end of next year. EDPR also operates 801 MW of wind energy projects in Indiana. With the completion of the construction of the 200 MW Meadow Lake VI Wind Farm, EDPR will exceed 1,000 MW, or 1 GW of operational capacity by the end of 2018. The company will continue to add to its renewable energy portfolio in the state in the coming years with the addition of the Headwaters II Wind Farm and the 200 MW Riverstart Solar Park that are expected to be operational in 2020 and 2022 respectively.
EDP Renováveis, S.A. (Euronext: EDPR) is the fourth largest renewable energy producer worldwide with presence in 28 markets across Europe, North America, South America and Asia/Pacific.
Based in Madrid and with main regional offices in Houston, São Paulo and Singapore, EDP Renováveis, S.A. has a robust development portfolio with first class assets and a market-leading operational capability in renewables. These include wind onshore, utility scale & distributed solar, wind offshore (through its 50/50 JV - OW) and technologies complementary to renewables such as batteries and green hydrogen.
EDPR's employee-centered policies resulted in its recognition as a Top Workplace 2023 in the United States, Top Employer 2023 in Europe (Spain, Italy, France, Romania, Greece, Portugal and Poland) Colombia and Brazil, as well as its inclusion in the Bloomberg Gender-Equality Index.
EDPR is a division of EDP (Euronext: EDP), a leader in the energy transition with a focus on decarbonization.
EDP RENOVÁVEIS, S.A. 
