Lincoln Clean Energy (LCE), a subsidiary of Ørsted and a leading developer of U.S. renewables, announced today it has acquired a 103 MW construction ready wind project in Butte County, South Dakota. LCE purchased the project from Pattern Energy Group, an independent renewable energy company with wind and solar assets in the United States, Canada, and Japan. The project is expected to come online in the fourth quarter of 2020. Combined with its Plum Creek wind farm in Nebraska, planned for construction in 2020, this latest acquisition further expands LCE’s operations into the Southwest Power Pool (SPP) market.
“The acquisition of this South Dakota wind farm adds to our growing portfolio of onshore wind assets and continues to broaden the geographic footprint of our asset base into the important SPP market,” commented Lincoln Clean Energy CEO Declan Flanagan.
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs and operates offshore wind farms, bioenergy plants and innovative waste-to-energy solutions and provides smart energy products to its customers. Headquartered in Denmark, Ørsted employs 6,200 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2018, the group’s revenue was DKK 76.9 billion (USD 11.7 billion). For more information on Ørsted, visit: orsted.com/ or follow us on Facebook, LinkedIn, Instagram and Twitter.
Copyright Business Wire 2019