EnXco acquires Texas wind farm

enXco, the US subsidiary of EDF Energies Nouvelles, announced it has closed a purchase agreement with Element Power, a developer and operator of renewable projects, to acquire the 150 MW Bobcat Bluff wind power project under development in Texas in the United States.

The construction of the Bobcat Bluff wind energy project, located in Archer County in Texas, south of Wichita Falls, is expected to begin this spring. With a capacity of up to 150 MW, it will be equipped with General Electric 1.5 MW wind turbines. The wind park is expected to enter operations in December 2012.

The uncertainty surrounding the renewal of the Production Tax Credit for wind energy projects post 2012 has created opportunities for EDF Energies Nouvelles to move into regions where it was not already operating. This agreement follows the recent project acquisitions of Spinning Spur (Texas, 161 MW) in January 2012 and Chestnut Flats (Pennsylvania, 38 MW) in December 2011 and allows the Group to boost its production capacity in the United States.

With Shiloh IV, Pacific Wind and Spearville 3 projects, enXco will build and commission more than 650 MW of wind in the United States in 2012.

With operations in Europe and North America, EDF Energies Nouvelles is a market leader in green electricity production. With a development focused on wind energy for several years and more recently on solar photovoltaic, the Group is also present in other segments of the renewable energies market: small hydro, marine energy, biomass, biofuel and biogas. In addition, the Group is expanding in the distributed renewable energies sector. EDF Energies Nouvelles is a subsidiary of the EDF group.