LA CROSSE, Wis., Jan. 19, 2021 /PRNewswire/ -- Avangrid
Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR)
completed commissioning of the 154.8 megawatt (MW) Tatanka Ridge Wind Farm on January 5, 2021. The facility's 56 wind turbines
are located in Deuel County, S.D.,
northeast of Brookings. The
facility is owned by Tatanka Ridge
Wind, LLC, which is jointly owned by Avangrid Renewables
(15%) and WEC Energy Group (NYSE: WEC) (85%).
Dairyland Power Cooperative has a power purchase agreement with
Tatanka Ridge Wind, LLC, for
51.6 MW of renewable energy. Dairyland's portion of Tatanka Ridge's output will deliver enough
renewable energy to power approximately 16,000 homes. The balance
of the project's generation is contracted to a large commercial
customer.
"Dairyland is pleased to work
with Avangrid Renewables and WEC Energy Group on an efficient and
sustainable facility that supports our transition to a lower carbon
future," said Brent Ridge, Dairyland
President and CEO. "Diversification of resources is a key element
of Dairyland's Sustainable
Generation Plan, making Tatanka
Ridge a valuable addition to our cooperative's renewable
energy portfolio."
Dairyland and Avangrid
Renewables have collaborated twice before on wind energy
facilities, Barton Wind
(Kensett, Iowa) and Winnebago Wind
(Thompson, Iowa).
"Avangrid Renewables has been pleased to work with Dairyland
Power to make Tatanka Ridge a
reality," said Alejandro de Hoz,
President and CEO of Avangrid Renewables. "Partners such as
Dairyland have helped to build the
wind industry in the Midwest and drive the transition to a clean
energy future."
Tatanka Ridge encompasses
approximately 18,000 acres of primarily corn and soybean farms and
cattle ranches, leased from over 100 landowners. Between land lease
payments and taxes, the wind farm will provide $1.7 million of local economic benefits annually
over the life of the project.
In July 2020, Avangrid Renewables
announced the sale of an 85% ownership interest in Tatanka Ridge Wind, LLC, to WEC Energy Group of
Milwaukee. This transaction closed
in December 2020.
About Dairyland Power Cooperative:
Dairyland, a Touchstone Energy
Cooperative, was formed in December
1941. Headquartered in La Crosse,
Wis., Dairyland provides
the wholesale electrical requirements for 24 distribution
cooperatives and 17 municipal utilities. These cooperatives and
municipals, in turn, supply the energy needs of more than a
half-million people in the four-state service area. Visit
DairylandPower.com.
About Avangrid Renewables: Avangrid
Renewables, LLC, is a subsidiary of AVANGRID, Inc., and part of the
IBERDROLA Group. It is a leading renewable energy company in
the United States, owning and
operating a portfolio of renewable energy generation facilities.
IBERDROLA, S.A., is an energy pioneer with the largest renewable
asset base of any company in the world. Avangrid Renewables is
headquartered in Portland, Oregon.
Visit avangridrenewables.com.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a
leading, sustainable energy company with approximately $36 billion in assets and operations in 24 U.S.
states. With headquarters in Orange,
Conn., AVANGRID has two primary lines of business: Avangrid
Networks and Avangrid Renewables. Avangrid Networks owns eight
electric and natural gas utilities, serving more than 3.3 million
customers in New York and New
England. Avangrid Renewables owns and operates a portfolio of
renewable energy generation facilities across the United States. AVANGRID employs
approximately 6,600 people. AVANGRID supports the U.N.'s
Sustainable Development Goals and was named among the World's Most
Ethical Companies in 2019 and 2020 by the Ethisphere Institute.
Visit avangrid.com.
About WEC Energy Group: WEC Energy Group
(NYSE: WEC), based in Milwaukee,
is one of the nation's premier energy companies, serving 4.5
million customers in Wisconsin,
Illinois, Michigan and Minnesota. The company's principal utilities
are We Energies, Wisconsin Public Service, Peoples Gas, North Shore
Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper
Michigan Energy Resources. Another major subsidiary, We Power,
designs, builds and owns electric generating plants. In addition,
WEC Infrastructure LLC owns a growing fleet of renewable generation
facilities in the Midwest. WEC Energy Group is a Fortune 500
company and a component of the S&P 500. The company has
approximately 45,000 stockholders of record, 7,500 employees and
$35 billion of assets.
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SOURCE Dairyland Power Cooperative