The Redbed Plains Wind Farm has been safely providing renewable energy since 2017, powering the equivalent of more than 22,000 average Oklahoma homes each year.
Tuttle, Oklahoma, Oct. 31, 2022 (GLOBE NEWSWIRE) — EDP Renewables North America (EDPR NA) and Connor, Clark & Lunn Infrastructure (CC&L infrastructure) together commemorate the fifth anniversary of the Redbed Plains Wind Farm located southwest of Oklahoma City. The 99 megawatt (MW) wind farm represents an estimated capital investment of approximately $158 million and generates enough energy to power the equivalent of more than 22,000 average Oklahoma homes each year. The project has provided significant economic and environmental benefits for Grady County and throughout Oklahoma.
During construction, Redbed Plains created 114 full-time equivalent jobs and currently employs nine permanent team members who operate and perform regular site maintenance. Redbed Plains also contributed approximately $8 million in expenses within 50 miles of the project due to project development. In addition to local investments, the project has paid more than $2.2 million to landowners through land lease payments and paid $5.8 million to local governments, improving schools, roads, infrastructure and other essential services. Redbed Plains also saves more than 176 million gallons of water each year, the amount needed for conventional generation sources to produce the same amount of capacity as the wind farm.
“EDPR NA is proud of its close relationship with the community surrounding the Redbed Plains Wind Farm and its safe operation and delivery of clean, cost-effective energy, ” Larry Martin, Operations Manager – Redbed Plains Wind Farm said. “This fifth anniversary is just the start of a lasting relationship with our supportive neighbors, and on behalf of EDP Renewables, Connor, Clark & Lunn Infrastructure and Redbed Plains, we look forward to being a contributing member of the community for years to come.”
EDPR NA and CC&L Infrastructure operate Redbed Plains in a long-term partnership representing over 560 MW of renewable energy generation. CC&L Infrastructure acquired its initial stake in the portfolio in 2020 and has since provided strategic oversight while EDPR NA has continued to operate the project.
“We are delighted to be working with EDPR NA on the safe and successful operation of Redbed Plains,”” said Matt O’Brien, President of CC&L Infrastructure. “As long-term investors, we believe in responsible investments and projects that support local communities while creating value for customers, employees and investors. We plan to leverage our partnership’s extensive experience in managing renewable energy projects to safely and efficiently contribute to Oklahoma’s long-term clean energy supply.”
EDPR NA is a renewable energy leader in Oklahoma, operating six wind power projects totaling 623 MW. In addition to Redbed Plains, EDPR NA’s other projects are the 100 MW Arbuckle Mountain Wind Farm in Murray County and the four-phase 423 MW Blue Canyon Wind Farm in Caddo, Comanche and Kiowa counties. These projects represent an estimated $1.2 billion in capital investment and are driving economic growth and development in rural communities across the state.
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About EDP Renewables North America
EDP Renewables North America LLC (EDPR NA), its affiliates and subsidiaries develop, build, own and operate wind farms and solar farms throughout North America. Headquartered in Houston, Texas, with 58 wind farms, nine solar farms and eight regional offices across North America, EDPR NA has developed over 8,800 megawatts (MW) and operates over 8,200 MW of power projects. large-scale onshore renewable energy. With over 950 employees, EDPR NA’s highly skilled team has a proven ability to execute projects across the continent.
For more information, visit www.edpr.com/north-america.
About EDP Renewables
EDPR NA is a wholly-owned subsidiary of EDP Renewables (Euronext: EDPR), a world leader in the renewable energy sector. EDPR is the fourth largest producer of renewable energy in the world with a presence in 28 markets in Europe, North America, South America and Asia-Pacific. Headquartered in Madrid and with main regional offices in Houston, São Paulo and Singapore, EDPR has a strong development pipeline with blue-chip assets and state-of-the-art renewable energy operational capability. These include onshore wind, distributed and utility-scale solar, offshore wind (via its 50/50 JV – OW) and technologies complementary to renewables such as batteries and electricity. green hydrogen. EDPR’s employee-centric policies have resulted in its recognition as Top Workplace 2022 in the United States, Top Employer 2022 in Europe (Spain, Italy, France, Romania, Portugal and Poland) and Brazil, as well as to its inclusion in the Bloomberg Gender Equality Index.
EDPR is a division of EDP (Euronext: EDP), a leader in energy transition with a focus on decarbonization. In addition to its strong presence in renewables (with EDPR and hydropower operations), EDP has an integrated presence in utilities in Portugal, Spain and Brazil, including power grids, customer solutions and power management. energy. EDP - the main shareholder of EDPR – has been listed on the Dow Jones Sustainability Index for 14 consecutive years, and was recently named the index’s most sustainable electricity company.
About Connor, Clark & Lunn Infrastructure
CC&L Infrastructure invests in middle-market infrastructure assets with attractive risk-return characteristics, long lives and the potential to generate stable cash flows. To date, CC&L Infrastructure has accumulated over $5 billion in diversified assets under management across a variety of geographies, sectors and asset types, with over 90 underlying facilities in over 30 individual investments . CC&L Infrastructure is part of Connor, Clark & Lunn Financial Group Ltd., a multi-boutique asset management firm whose affiliates collectively manage approximately C$98 billion in assets. For more information, please visit www.cclinfrastructure.com.
Blair Matocha EDP Renewables North America 281-414-7589 [email protected]