GHG Emissions, Utilities, Wind - January 23, 2025
Great River Energy Signs Wind PPA
Electric cooperative Great River Energy announced a power purchase agreement (PPA) for the 300-MW Big Bend Wind in Minnesota.
The agreement was signed with Apex Clean Energy and includes a surplus interconnection service agreement (SISA).
This transaction represents the first PPA and SISA executed by Apex with the same counterparty, an approach that leverages the cooperative’s existing injection rights with MISO to bypass traditional interconnection hurdles and expedite project development.
Located in Cottonwood, Watonwan, and Martin Counties, Minnesota, Big Bend will help Great River Energy meet its 2035 targets to reach 90% carbon-free retail electric sales and reduce its emissions by more than 90% from 2005 base levels. The project is slated to begin commercial operations in 2028
“Thanks to this creative partnership, Apex and Great River Energy were able to overcome the transmission constraints that are plaguing energy projects across the country,” said Ken Young, Apex Clean Energy CEO, in a statement. “This innovative contract structure allows Apex to deliver a project that will help achieve Minnesota’s statewide sustainability goals while driving local economic opportunity.”
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