EDPR gets in Texas solar power play

Apr 21, 2022 05:06 PM ET
  • 240MW Cattlemen PV project in Milam County is due to be operational in 2023
EDPR gets in Texas solar power play
Image: EDPR

EDP Renewables and also Bristol Myers Squibb have carried out a power purchase agreement (PPA) for 60MW at the 240MW Cattlemen Solar Park in Texas, US.

The 15-year contract, part of the marketplace notification EDPR released on 11 April 2022, enables the designer to proceed Cattlemen, which has a projected capital investment of about $280m as well as is slated to be operational in 2023.

The Bristol Myers PPA is one of 2 for Cattlemen announced on 11 April, while the other is for 156MW, enabling EDPR to offer 90% of the clean energy generated by the solar farm.

Cattlemen, in Milam County, is anticipated to enter in procedure in late 2023.

Bristol Myers Squibb, in line with its long-lasting environmental sustainability objectives, has specified that by 2030 it will certainly purchase 100% of the electricity it utilizes from renewable sources.

The PPA with EDPR's Cattlemen Solar Park is a step toward accomplishing this objective.

Edison Energy worked as expert on the deal, giving information and analytics that enabled Bristol Myers to examine the long-lasting implications of its investment.

" As a leading worldwide biopharma business, BMS recognizes the essential web link in between environment adjustment and also human health and wellness, as well as our devotion to transforming people' lives through science underpins our approach to environmental sustainability," stated Danielle Menture, vice head of state of sustainability, EHS as well as occupational health.

" This agreement not only is a vital milepost in our sustainability journey, yet additionally is a step toward a clean energy future for every person."

EDPR has as well as operates 6 wind farms in Texas, completing 1089MW of capacity.

Source:
renews.biz

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