TXU Wholesale Adds to Wind Energy Portfolio With 209-MW Deal
15 Maio 2007 - 10:00AM
PR Newswire (US)
Second Airtricity Contract Increases Renewable Leader's Purchases
to 914 MW DALLAS, May 15 /PRNewswire/ -- TXU Wholesale, a
subsidiary of TXU Corp., announced today it has increased its
portfolio of wind power contracts with a 209-megawatt (MW)
agreement with Airtricity, a world-leading renewable energy company
based in Dublin, Ireland. Under terms of the five-year contract,
Airtricity will provide the wind power generated by its Roscoe Wind
Farm, currently under construction about 45 miles southwest of
Abilene in West Texas. The project, Airtricity's third in Texas,
will use 209 1-MW Mitsubishi 1000A turbines. "We're proud of our
position as the No. 1 purchaser of wind power in the state of
Texas, and this contract only solidifies that," said Mike McCall,
chairman and CEO of TXU Wholesale. "We are well on our way to more
than doubling our wind power purchases to 1,500 MW and increasing
our investments in alternative energy, as announced as part of our
merger agreement with Texas Energy Future Holdings Limited
Partnership." The contract is TXU Wholesale's second with
Airtricity and will boost TXU's renewable energy portfolio to 914
MW from 965 wind turbines. TXU Wholesale's other contract is for
125 MW from Airtricity's recently opened Forest Creek Wind Farm 25
miles southeast of Big Spring, Texas. "Airtricity is playing a
leading role in helping Texas and America meet its fast-growing
energy needs," said Airtricity North America CEO Declan Flanagan.
"As electricity demand and natural gas prices continue to rise,
policymakers and businesses like TXU are seeing the benefit of
tapping into Texas's vast wind energy resource." The Roscoe Wind
Farm will stretch into three West Texas counties and will cover
nearly 30,000 acres when it is completed. The project, which is
scheduled for completion by the end of the year, will produce
enough power annually for 60,000 homes and save approximately
375,000 tons per year in greenhouse gas emissions. About TXU TXU
Corp., a Dallas-based energy company, manages a portfolio of
competitive and regulated energy businesses primarily in Texas. In
the competitive TXU Energy Holdings segment (electricity
generation, wholesale marketing and retailing), TXU Energy provides
electricity and related services to more than 2.1 million
competitive electricity customers in Texas. TXU Power has over
18,100 MW of generation in Texas, including 2,300 MW of nuclear and
5,800 MW of coal-fueled generation capacity. TXU Wholesale
optimizes the purchases and sales of energy for TXU Energy and TXU
Power and provides related services to other market participants.
TXU Wholesale is the largest purchaser of wind-generated
electricity in Texas and fifth largest in the United States. Power
generation and related businesses, such as TXU Power and TXU
Wholesale, plan to transition toward the new Luminant Energy brand.
Visit http://www.txucorp.com/ for more information about TXU Corp.
About Airtricity Founded in 1997, Airtricity is a fully integrated
renewable power company with 455 MW of wind projects in operation,
a further 1,400 MW planned to be in operation by early 2009 and a
project development pipeline in excess of 10,000 MW. Airtricity has
over 360 employees globally organized in three core business units:
Europe on-shore, Europe off-shore and North America. Airtricity
also operates a retail supply business in Ireland supplying 35,000
commercial customers with renewable power. Airtricity North
America, headquartered in Chicago, initiated its wind power
development activities in the U.S. in 2003 and Canada in 2006.
Currently, Airtricity North America has completed construction of
214 MW with a further 370 MW under construction and 706 MW in
final-stage development backed by firm orders for turbines for
delivery in 2008 through early 2009. With an additional 6,500 MW
under development, Airtricity North America is well positioned to
capitalize on the significant growth of wind power in the U.S. and
Canada. Airtricity North America has offices in Chicago, Austin and
Toronto. DATASOURCE: TXU Wholesale CONTACT: Tom Kleckner, Media
Relations, +1-214-812-3206, for TXU holesale Web site:
http://www.txu.com/
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