The project is located on the Gulf Coast in Kenedy County, Texas, where favorable wind conditions allow it to maximize energy production during times of peak demand and peak pricing. The majority of the wind project’s output has its price secured under a long-term power sales agreement.
Mike Garland, CEO of Pattern Energy, said: “Gulf Wind is a premier wind energy project that implements leading scientific technology and solidifies Pattern Energy’s presence in the Texas renewable energy market.
“Gulf Wind is situated in a unique coastal location where the winds blow strongest at the times of the day, as well as the seasons of the year, when electricity demand and prices are highest – translating into strong revenue and the ability to better meet demand in the markets we serve.”
The Gulf Wind project has been operational for approximately one year and produces electricity to power approximately 80,000 Texas homes.
Pattern Energy develops, constructs, owns and operates renewable energy and transmission assets across North America and Latin America.
