July 18 (Renewables Now) - US electricity and energy services firm Otter Tail Power Company expects the 150-MW Merricourt wind project in southeastern North Dakota to enter construction next month.
The company, a unit of Otter Tail Corp (NASDAQ:OTTR), on Tuesday announced the completion of the acquisition of certain development assets from EDF Renewables Development Inc and affiliates, including the said wind farm. Back in 2016, US independent power producer EDF Renewable Energy (EDF RE) said it would build and sell the wind farm to Otter Tail. At that time completion was expected in 2019, while now the park is seen to be completed in 2020.
This will be “the largest capital project” in Otter Tail’s history, said president Tim Rogelstad. The investment in the wind park is estimated at USD 270 million (EUR 240.5m). An affiliate of EDF and its contractors are to start work on it in August.
Once operational, the wind farm in McIntosh and Dickey Counties will be producing annually enough power for over 65,000 households.
“We project that by 2021 our customers will receive approximately 30 percent of their energy from renewable resources we own or secure through power purchase agreements,” Rogelstad added.