2019-08-25
http://w3.windfair.net/wind-energy/pr/30398-enel-usa-wind-farm-texas-porfolio-prs-investment-wind-energy

News Release from Enel Green Power

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Wind Industry Profile of


Construction Start for 450 MW High Lonesome Wind Farm

Enel has started to install the largest wind farm of its portfolio in the U.S.

Image: EnelImage: Enel

The 450 MW High Lonesome Wind Farm is located in Upton and Crockett Counties, Texas. Once completed, High Lonesome will be the largest wind farm in Enel’s global renewables portfolio. The energy generated by a 295 MW portion of the wind farm will be hedged through a Proxy Revenue Swap (“PRS”), a risk management strategy aimed at minimising price and weather-related risks.

“The start of construction of our largest wind project to-date represents a major commitment to growing our business in the US and specifically in Texas,” said Antonio Cammisecra, Head of Enel Green Power. “The project underscores our ability to work with partners to tailor energy solutions to fit their needs and continue to manage and deliver to our customers the complex deals necessary in today’s evolving energy market. We look forward to continuing to serve as the partner of choice, dedicated to delivering a sustainable energy future.”

Source:
Enel
Author:
Windfair Staff
Keywords:
Enel, USA, wind farm, Texas, porfolio, PRS, investment, wind energy



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