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SWEPCO seeks approval to acquire 999 MW of wind and solar projects – EQ Mag Pro

SWEPCO seeks approval to acquire 999 MW of wind and solar projects – EQ Mag Pro

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American Electric Power subsidiary Southwestern Electric Power Company announced plans to acquire three renewable energy projects totaling 999 MW. If approved by regulators, the projects would represent a $2.2 billion investment.

SWEPCO expects to issue another request for proposal (RFP) in the near term for additional renewable energy consistent with the company’s integrated resource plan for its energy and capacity needs.

SWEPCO is seeking approval from regulators in Arkansas, Louisiana, and Texas to acquire the 200-MW Mooringsport solar project in Caddo Parish, Louisiana; the 200.6-MW Diversion wind project in Baylor County, Texas; and the 598.4-MW Wagon Wheel wind project spanning Logan, Garfield and Noble counties in Oklahoma.

The projects are being developed by Invenergy.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network