Sprint, Duke Energy in Wind Energy Agreement
September 18 2019 - 11:49AM
Dow Jones News
By Michael Dabaie
Sprint (S) and Duke Energy's (DUK) Duke Energy Renewables
unveiled a 12-year virtual power purchase agreement for 173.3
megawatts of new wind energy.
Duke Energy Renewables will build, own and operate the 182-MW
Maryneal Windpower project located in Nolan County, Texas, that
will come online in 2020.
Sprint said the agreement will enable Sprint to reduce its
carbon footprint and achieve approximately 30% renewable energy for
its total electricity portfolio.
The Maryneal project increases Duke Energy Renewables' U.S. wind
capacity to more than 3,000 MW. Full notice to proceed with
construction will begin in early 2020 and the wind project will be
fully operational by December 2020.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
September 18, 2019 11:34 ET (15:34 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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