- Wolverine Power Cooperative Executes Power Purchase Agreement for 114 Megawatts of Wind Energy
- February 5, 2015
- Law Firm: Sutherland Asbill Brennan LLP - Washington Office
Wolverine Power Supply Cooperative, Inc. (Wolverine) has entered into a 20-year power purchase agreement (PPA) with RES America Developments Inc., a subsidiary of Renewable Energy Systems Americas Inc. (RES Americas) for 114 MW of wind energy and associated renewable energy credits in Michigan. The Deerfield Wind Energy project, the source of the wind power, is scheduled to reach commercial operation by December 31, 2016.
The project is expected to have a significant positive impact on the local community. Located in Huron County, Michigan, the project will provide up to 200 jobs during construction and six permanent jobs upon completion. “Wolverine’s commitment to purchase the Deerfield Wind Energy project’s electrical output will bring investment and jobs to the state and local community that have supported us through the development cycle,” said Glen Davis, CEO of RES Americas.
Eric Baker, President and CEO of Wolverine, is similarly excited about the PPA’s impact on Wolverine: “This PPA not only positions Wolverine and its members to meet Michigan’s Renewable Portfolio Standard requirement of 10 percent renewable power supply by 2015, it also further diversifies Wolverine’s overall energy portfolio.”