American Electric Power's AEP Renewables subsidiary has announced that it has signed a long-term power purchase agreement with Evergy Inc. for the output of the new Flat Ridge 3 wind project.
AEP Renewables is developing Flat Ridge 3 near Kingman, Kansas. The project will include 62 wind turbines capable of producing 128 megawatts (MW) of clean, renewable energy and is expected to be operational by the end of 2020.
"Our AEP Renewables business is focused on developing and operating renewable generation facilities to help meet the long-term, clean energy goals of utilities, electric cooperatives, municipalities and other companies. Flat Ridge 3 will increase AEP Renewables' contracted renewable generation portfolio to 1,430 MW, and when complete, will demonstrate a $2.03 billion cumulative investment in our contracted renewables business," said Greg Hall, president, AEP Renewables.
Flat Ridge 3 will provide more than $20 million in economic development to the surrounding area, including payments to local government and landowners, and will support approximately 200 jobs during peak construction.
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