Anheuser-Busch and Enel Green Power (EGP), Enel Group's renewables division, announced that they have signed a power purchase agreement ("PPA"), whereby Anheuser-Busch will purchase the energy delivered to the grid and renewable electricity credits from a portion of EGP's Thunder Ranch wind project in the amount of 152.5 MW.

Through a Virtual Power Purchase Agreement (VPPA), EGP will sell to Anheuser-Busch the electricity output delivered to the grid by a 152.5 MW portion of the Thunder Ranch wind farm. Through this agreement, EGP will deliver the power generated from the 152.5 MW portion of the project to the grid with pricing settled by the two companies. Also under the agreement, the renewable energy credits associated with the power delivered to the grid will be acquired by Anheuser-Busch and retired from the market.

The output is expected to amount to approximately 610 GWh of renewable energy each year. This renewable energy output will be capable of meeting up to 50 percent of Anheuser-Busch's total annual purchased electricity

The Thunder Ranch wind farm, located in Garfield, Kay and Noble counties, Oklahoma, is comprised of two phases that total 298 MW of capacity.

Tags:
Contract Awards   Enel Green Power  

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