Scout Clean Energy Announces Completion of Power Purchase Agreement (PPA) with Minnesota Municipal Power Agency (MMPA) for the Three Waters Wind Farm
20-year agreement for entire 200 MW capacity; Construction anticipated in 2021
Jackson County, MN – Scout Clean Energy (“Scout”), is pleased to announce the completion of a Power Purchase Agreement (PPA) with Minnesota Municipal Power Agency (MMPA) for the purchase of 200 megawatts (MW) of renewable energy from the Three Waters Wind Farm (“Three Waters”) in Jackson County, Minnesota.
The project calls for the installation of up to 71 2.82 MW GE wind turbines to be located across approximately 45,000 acres in Jackson County.
“We are excited to announce our agreement with Minnesota Municipal Power Agency to purchase power from the Three Waters Wind Farm,” said Michael Rucker, CEO and founder of Scout Clean Energy. “MMPA has agreed to purchase the entire capacity that will be generated by the Three Waters Wind Farm. The project distinguishes MMPA as a renewable energy leader in Minnesota.”
“This purchase of renewable energy contributes to MMPA’s renewable portfolio and reduces MMPA’s carbon footprint in a cost-effective manner” said Oncu Er, Chief Operating Officer of Avant Energy, Inc., MMPA’s management partner.
The project is expected to begin construction in 2021 with an anticipated in-service date of late 2021. Three Waters is being developed and will be owned and operated by Scout Clean Energy. Scout is a portfolio company of Quinbrook Infrastructure Partners a leading private equity infrastructure fund.
“The agreement with MMPA for the Three Waters Wind Farm is an important step for the project,” explained Rucker. “We hope that working together we will help bring this economic benefit to Jackson County.”