CHARLOTTE, N.C., Sept. 20, 2019 /PRNewswire/ -- Duke Energy
Renewables, a commercial business unit of Duke Energy (NYSE: DUK),
today announced that AT&T has signed a 15-year, 160-megawatt
(MW) virtual power purchase agreement (VPPA) for Frontier Windpower
II. Duke Energy Renewables is building the 350-MW Frontier II in
Kay County, Okla.
Ball Corporation previously announced its commitment to Frontier
II with a 15-year VPPA for 161 MW of the project.
The project is an expansion of Frontier Windpower, which has
been operational since 2016. Once complete, Frontier I and II will
generate a total of 550 MW of wind energy – enough to power
approximately 193,000 homes.
"Frontier II will deliver clean energy for Oklahoma and significant economic benefits to
the area," said Rob Caldwell,
president of Duke Energy Renewables. "We're pleased to be working
with AT&T and Ball Corporation on the Frontier II project,
which will be located in an area that has some of the best wind
resources in the country."
"Last year we said we were going big on renewable energy, and
our virtual power purchase agreement with Duke Energy Renewables
reiterates our continued dedication to doing just that," said
Joe Taylor, vice president of global
infrastructure optimization and implementation, AT&T. "This
agreement helps solidify AT&T's position as one of the largest
corporate purchasers of renewable energy in the U.S., and
underscores our companywide commitment to helping address climate
change and creating a better, more sustainable world."
"The renewable energy agreement with Duke Energy Renewables
places Ball among the leading corporate buyers of renewable energy
in our industry and the U.S., marking a critical moment in our
sustainability journey," said John A.
Hayes, chairman, president and CEO of Ball Corporation.
"Utilizing renewable energy is an important lever to further
enhance the sustainability credentials of our packaging and
demonstrates our commitment to have the aluminum can recognized as
the most sustainable package."
Construction for Frontier II is underway, and the wind project
will be fully operational by December
2020.
During peak construction, the wind project will create
approximately 250 jobs.
Nordex Group will supply 74 4.8-MW wind turbines for the
site.
The 350-MW Frontier Windpower II project will produce enough
energy to power about 123,000 average homes.
Amshore US Wind provided development support for the project,
and Wanzek Construction is the contractor.
Duke Energy is one of the nation's top renewable energy
providers – on track to own or purchase 8,000 megawatts of wind,
solar and biomass energy by 2020.
Duke Energy Renewables
Duke Energy Renewables, a nonregulated unit of Duke Energy,
operates wind and solar generation facilities across the U.S., with
a total electric capacity of 3,000 megawatts. The power is sold to
electric utilities, electric cooperatives, municipalities, and
commercial and industrial customers. The unit also operates energy
storage and microgrid projects. Visit Duke Energy Renewables for
more information.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
Charlotte, N.C., is one of the
largest energy holding companies in the U.S. It employs 30,000
people and has an electric generating capacity of 51,000 megawatts
through its regulated utilities, in addition to Duke Energy
Renewables' capacity.
Duke Energy is transforming its customers' experience,
modernizing the energy grid, generating cleaner energy and
expanding natural gas infrastructure to create a smarter energy
future for the people and communities it serves.
Duke Energy was named to Fortune's 2019 "World's Most Admired
Companies" list, and Forbes' 2019 "America's Best Employers" list.
More information about the company is available at duke-energy.com.
The Duke Energy News Center contains news releases, fact sheets,
photos, videos and other materials. Duke Energy's illumination
features stories about people, innovations, community topics and
environmental issues. Follow Duke Energy on Twitter, LinkedIn,
Instagram and Facebook.
AT&T
AT&T Inc. (NYSE:T) is a diversified, global leader in
telecommunications, media and entertainment, and technology. It
executes in the market under four operating units. WarnerMedia's
HBO, Turner and Warner Bros. divisions are world leaders in
creating premium content, operate one of the world's largest TV and
film studios, and own a world-class library of entertainment.
AT&T Communications provides more than 100 million U.S.
consumers with entertainment and communications experiences across
TV, mobile and broadband services. Plus, it serves nearly 3 million
business customers with high-speed, highly secure connectivity and
smart solutions. AT&T Latin America provides pay-TV services
across 11 countries and territories in Latin America and the Caribbean, and is the fastest growing wireless
provider in Mexico, serving
consumers and businesses. Xandr provides marketers with innovative
and relevant advertising solutions for consumers around premium
video content and digital advertising through its AppNexus
platform.
AT&T products and services are provided or offered by
subsidiaries and affiliates of AT&T Inc. under the AT&T
brand and not by AT&T Inc. Additional information is available
at about.att.com. © 2019 AT&T Intellectual Property. All rights
reserved. AT&T, the Globe logo and other marks are trademarks
and service marks of AT&T Intellectual Property and/or AT&T
affiliated companies. All other marks contained herein are the
property of their respective owners.
Ball Corporation
Ball Corporation supplies innovative, sustainable packaging
solutions for beverage, personal care and household products
customers, as well as aerospace and other technologies and services
primarily for the U.S. government. Ball Corporation and its
subsidiaries employ 17,500 people worldwide and reported 2018 net
sales of $11.6 billion. For more
information about Ball, visit www.ball.com, or connect with us on
Facebook or Twitter.
Cautionary Language Concerning Forward-Looking
Statements
This document includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking
statements are based on management's beliefs and assumptions. These
forward-looking statements are identified by terms and phrases such
as "anticipate," "believe," "intend," "estimate," "expect,"
"continue," "should," "could," "may," "plan," "project," "predict,"
"will," "potential," "forecast," "target," "outlook," "guidance,"
and similar expressions. Various factors may cause actual results
to be materially different than the suggested outcomes within
forward-looking statements; accordingly, there is no assurance that
such results will be realized. These risks and uncertainties are
identified and discussed in Duke Energy's Form 10-K for the year
ended December 31, 2018, and
subsequent quarterly reports filed with the Securities and Exchange
Commission ("SEC") and available at the SEC's website at
www.sec.gov. In light of these risks, uncertainties and
assumptions, the events described in the forward-looking statements
might not occur or might occur to a different extent or at a
different time than Duke Energy has described. Duke Energy
expressly disclaims an obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact: Jennifer Garber
Office: 980.373.0668 | 24-Hour: 800.559.3853
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SOURCE Duke Energy