ENGIE North America Announces Construction Of Texas Wind Project
April 17,2019
ENGIE North America Inc. announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas.
With a total capacity of approximately 160 MW, Jumbo Hill is scheduled to be online by spring of 2020.
Jumbo Hill will provide energy and Renewable Energy Credits generated by the Project to a corporate customer under a virtual Power Purchase Agreement (PPA), and has also entered into a Proxy Revenue Swap for a portion of its generation with Allianz Global Corporate & Specialty’s specialist weather risk team, in collaboration with its partners at Nephila Climate.
The total capital investment of the Project is over $150 million
The Project is part of the portfolio acquired in 2018 by a subsidiary of ENGIE North America from Infinity Power Partners, a joint venture between Infinity Renewables and MAP Energy.