Germany's E.on plans 440-MW wind park in Texas

A week after opening a 201-MW wind park in Texas, German utility E.on SE (ETR:EOAN) announced it will build an even larger one in the Lone Star State. E.on said in a statement today it plans to invest more than USD 500 million (EUR 449m) to construct the 440-MW Big Raymond wind farm in Texas’ Willacy, Cameron and Hidalgo counties. This will be the largest single-phase project the company has ever realised in the country, it noted. E.on has already entered into a 12-year power purchase agreement (PPA) with community-owned electric utility Austin Energy, which has subscribed to a 200-MW portion of the wind farm. Construction work is seen to start in late 2019. The German utility is currently working on more than 900 MW of wind and solar projects in the US. So far, it has added over 3,800 MW in the country, including energy storage facilities.