EDF unit to take ownership of Texas wind project

07/22/2013 | Bloomberg

EDF Renewable Energy will purchase a 200-megawatt wind farm that Lincoln Renewable Energy is going to construct about 100 miles north of Lubbock, Texas. Work on the Hereford Wind Project is slated to begin this year so that the facility can qualify for the wind-energy Production Tax Credit, EDF said. Under the deal, EDF can purchase any additions to the facility, which could increase its capacity to as much as 500 MW.

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