Avangrid Renewables, Iberdrola´s subsidiary in the United States has announced the signing of its second major power purchase contract, a PPA with Nike for the supply of wind energy, this time for 86 megawatts (MW) of a new wind farm projected in Texas.
The power purchase agreement (PPA) covers the part of production that had not yet been contracted of the 286 megawatt Karankawa wind farm, located in the Bee and San Patricio counties, east of Mathis, Texas.
Previously, the company had secured a PPA with Austin Energy for 200 MW linked to Karankawa. When completed, the Karankawa wind farm will generate enough clean energy to supply the equivalent of more than 75,000 homes per year.
“Working with a partner like Nike, which constantly endeavours on the development of renewable energy, is exciting and inspiring,” said Barrett Stambler, head of trading at Avangrid Renewables.
“This partnership allows us to have a highly positive impact on the local communities where we operate the facilities as it is a source of job creation and economic development for the rural areas of the United States. In addition we move towards our country´s energy independence. “, he added.
“With this agreement, 100% of the energy used by Nike in both its owned and operated facilities in North America will be renewable,” said Hannah Jones, Nike’s chief sustainability officer and vice president of the Nike Innovation Accelerator plan.
PPA with Nike
“In addition, it will allow us to meet more than 50% of our goal of all energy used in Nike’s own facilities or those operated by our company throughout the world be renewable at the end of fiscal year 2025. Investment in renewable energy is beneficial for the athletes, the planet and the business, and we will continue collaborating to promote the development of a carbon-free economy, ” she explained.
The previous PPA with Nike signed by Avangrid Renewables covers three wind farms located on the banks of the Columbia River and allows 100% renewable energy to be provided to the company’s headquarters, near Beaverton, Oregon, and to almost all of its facilities in said State.
In addition to this new project, Avangrid Renewables currently operates the 605 MW South Texas Wind Coast Complex, located next to the Gulf intra-coastal channel, and the 120 MW Barton Chapel wind farm, in Midwest Texas.
The construction of the Karanka wind farm is scheduled to start in the fall of 2018 and once it is commissioned Avangrid Renewables will manage more than one gigawatt of wind energy in the Texas market.