BlackRock Acquires 50% Stake in 200-MW Texas Wind Project

A fund managed by BlackRock’s Infrastructure Investment Group has purchased a 50% interest in the 200-megawatt Hereford wind farm in Deaf Smith County, Texas from EDF Renewable Energy.

Financial details of the deal were not disclosed. BlackRock and EDF Renewable Energy have also signed agreements to enter into similar partnerships on the 200-MW Longhorn and 194-MW Spinning Spur 3 projects upon completion later this year.

General Electric and Vestas will supply a total of 104 turbines to the Hereford project.  EDF Renewable Services will continue to provide operations and maintenance services for the facility.

The wind farm will interconnect to the recently completed Competitive Renewable Energy Zone transmission infrastructure which enables delivery of long-term, clean energy from the strong renewable resource regions of West Texas to the rest of Texas.

Leave a Comment