Sempra U.S. Gas & Power buys Minnesota wind projectStaff writer ▼ | April 24, 2015
Sempra U.S. Gas & Power has acquired the Black Oak Getty wind project in Minnesota from Geronimo Energy, LLC, a utility-scale wind and solar energy developer.
Acquisition Geronimo Energy sold its project
Located in Stearns County, Minn., the Black Oak Getty wind farm will generate enough renewable power for approximately 30,000 Minnesota homes. The project is expected to move into full construction in spring 2016.
"We are pleased to have the opportunity to diversify and expand our renewables portfolio through the acquisition, development and operation of the Black Oak Getty wind project," said Patricia K. Wagner, president and CEO of Sempra U.S. Gas & Power.
The project is expected to employ about 250 workers at peak construction and be in commercial operation by late 2016. The entire power output from the wind farm has been sold to Minnesota Municipal Power Agency (MMPA) under a 20-year contract.
"We look forward to working with Sempra U.S. Gas & Power as a long term partner," said Derick O. Dahlen, executive director for Minnesota Municipal Power Agency.
"Geronimo is pleased to partner with a world-class company like Sempra U.S. Gas & Power to bring the Black Oak Getty wind farm into operation," said Blake Nixon, president of Geronimo Energy.
"As a result of this transaction, the Black Oak Getty wind farm will bring positive economic impact to the local area and stable, low cost energy to the customers of Minnesota Municipal Power Agency."
Terms of the transaction were not disclosed. ■