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Orsted Acquires the Haystack Wind Project

November 2, 2020 by NA Windpower

Ørsted continues to expand its footprint in the Southwest Power Pool (SPP) with the acquisition and final investment decision of the 298 MW Haystack Wind project in Wayne County, Neb.

Situated adjacent to Ørsted’s 230 MW Plum Creek wind farm, Haystack will utilize existing interconnection infrastructure in SPP North. Haystack is expected to come online in the fourth quarter of 2021, adding further diversity to Ørsted’s portfolio of onshore wind, solar PV and energy storage across Texas, the Midwest and Southeast U.S.

“The acquisition of Haystack adds another large-scale project in a region with robust wind resources to our onshore portfolio and is a further reflection of our continuing strategy to supplement our core development activities with opportunistic acquisitions,” says Vishal Kapadia, CFO of Ørsted Onshore.

On average, the project will contribute $4 million per year in local taxes and landowner payments to the community and will employ 300 construction workers at its peak. With the addition of Haystack Wind, Ørsted’s onshore business has now reached 3 GW of capacity in operation and under construction.

Original source: North American Wind Power

Filed Under: Renewable, Wind

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