Acciona Energia has expanded its renewables portfolio in the US with the acquisition of two new wind farms with a total capacity of 300MW.
The deals involve the Green Pastures 1 (150MW) and Green Pastures 2 (150MW), located in Baylor and Knox Counties, in north-central Texas.
The projects, acquired for $202.5m, are fully operational and were purchased from various private asset management entities.
Green Pastures 1 and 2 are connected to the Electric Reliability Council of Texas (ERCOT) grid, which manages 90% of the state’s electricity transmission, distribution and commercialisation.
ERCOT is one of the most active and advanced renewables integration markets globally.
These two new wind farms become part of Acciona Energia’s portfolio of green projects in North America, where it already had a total of 2.8GW installed (picture of Acciona Energia’s Forty Mile wind farm).
Additionally, the location of these schemes is optimal, complementing the company’s fleet in terms of geographical diversification.