ALLETE Clean Energy adds new customer segment through power purchase agreement with Seattle City Light
July 25 2023 - 06:30AM
Business Wire
ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, Inc.
(NYSE: ALE), has entered a new customer segment after signing a
5-year power purchase agreement (PPA) to sell wind power to Seattle
City Light, the company’s first municipal customer.
Seattle City Light, among the top-ten largest municipal
utilities in the nation with more than 493,000 customers in
Seattle, will purchase power from ALLETE Clean Energy’s 50-megawatt
Condon wind site in northern Oregon. The PPA also includes an
agreement to jointly explore adding solar energy and/or energy
storage capacity at the Condon site.
“We’re excited to provide affordable, renewable wind energy to
Seattle City Light from our Condon wind site and proud to help
Seattle City Light meet their sustainability goals as we advance
the clean-energy future,” said ALLETE Clean Energy President Nicole
Johnson. “This agreement also furthers our strategy of leveraging
our existing wind sites with potential for complementary renewable
additions and gaining new contracts.”
ALLETE Clean Energy completed a refurbishment project at the
Condon wind site in 2019 to extend its operating life and requalify
the site for federal production tax credits. The project included
equipment and system upgrades necessary to maintain its high
operating availability and clean-energy production performance.
“Seattle City Light prioritizes creating our energy future on
behalf of and in partnership with our customers and the communities
we serve,” says Emeka Anyanwu, Energy Innovation & Resources
Officer. “To meet reliability, affordability, and environmental
responsiveness goals, we strive to leverage resources like the
Condon project to expand our supply mix with renewable energy
resources supporting our efforts to enable decarbonization through
electrification of transportation, buildings, and industry. In
doing so, we will help communities to shift further away from
fossil fuels, meeting the climate crisis head-on.”
ALLETE Clean Energy also serves five Fortune 500 companies from
its Diamond Spring and Caddo wind sites in Oklahoma and a number of
large electric utilities from its other wind sites. It recently
developed the 91-megawatt Red Barn wind site in Wisconsin and sold
it to Wisconsin Public Service Corp. and Madison Gas and Electric
Co.
ALLETE Clean Energy owns, operates, and has delivered
build-transfer projects totaling more than 1,500 megawatts of
nameplate wind capacity across eight states. The company is
well-positioned to drive additional clean-energy sector growth.
ALLETE, Inc. is an energy company headquartered in Duluth,
Minnesota. In addition to its electric utilities, Minnesota Power
and Superior Water, Light and Power of Wisconsin, ALLETE owns
ALLETE Clean Energy, based in Duluth; BNI Energy in Bismarck, North
Dakota; and New Energy Equity, headquartered in Annapolis,
Maryland; and has an 8% equity interest in the American
Transmission Co. More information about ALLETE is available at
www.allete.com. ALE-CORP
The statements contained in this release and statements that
ALLETE may make orally in connection with this release that are not
historical facts, are forward-looking statements. Actual results
may differ materially from those projected in the forward-looking
statements. These forward-looking statements involve risks and
uncertainties and investors are directed to the risks discussed in
documents filed by ALLETE with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20230725197138/en/
Amy Rutledge Manager - Corporate Communications 218-723-7400
arutledge@allete.com
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