EDF Renewable Energy said its 200 MW Hereford Wind Project in Texas reached commercial operation on December 22, 2014. In addition, tax equity financing closed with BNY Mellon and MUFG Union Bank, N.A. Financial details were not disclosed.
The project feeds into the competitive renewable energy zone (CREZ) transmission infrastructure, which enables the high electricity demand areas in the state to access the strong low-cost renewable energy resources of West Texas and the Texas Panhandle. The power is sold into the Electric Reliability Council of Texas (ERCOT) power market and covered by a long-term, fixed-price hedge agreement for a portion of the expected energy production.
Hereford Wind will generate enough electricity to power about 55,000 homes — according to US Energy Environmental Protection Agency methodology — avoiding about 375,000 metric tons of greenhouse gas emissions per year, the equivalent of the annual emissions from about 80,000 passenger vehicles.
EDF Renewable Services will provide long-term operations and maintenance for the facility, balance of plant, project oversight, and 24/7 remote monitoring from its NERC compliant Operations Control Center (OCC). The OCC provides an efficient, reliable, and secure operating platform, while benefiting from the centralization of Supervisory Control and Data Acquisition (SCADA) functions and consolidation of multiple vendor SCADA environments to provide a common operating view. EDF Renewable Services is an industry leader, providing O&M services to more than 9 GW of renewable energy projects across North America.