June 17, 2015
The Drift Sand Wind Project, a development in Grady County, Oklahoma, will produce 108 MW of low-cost energy. Lenexa, Kan. (June 17, 2015) –
Tradewind Energy, Inc., one of the largest independent wind and solar project development companies in the U.S., has secured a long-term agreement with the Arkansas Electric Cooperative Corporation (AECC) to purchase 108 megawatts of wind energy from the planned Drift Sand Wind Project.
The project will be located about 60 miles southwest of Oklahoma City and is scheduled to be in service by the end of 2016. The project will cover approximately 10,000 acres under lease from around 25 landowners in Grady County, Oklahoma. Heath Herje, the project manager with Tradewind Energy, credits local support as an essential aspect of the project’s development.
“As a native of this area, it is gratifying to see the tremendous amount of local support for the project, Herje said. “We consider it a privilege to partner with the local landowners and we are glad to offer low-cost, highly competitive energy to the state of Oklahoma and beyond.”
Tradewind CEO Rob Freeman said the Drift Sand project is one more example of Oklahoma’s thriving wind industry.
“We are pleased to announce our latest project in the state of Oklahoma; a state with strong support for wind energy,” Freeman said. “The Drift Sand Wind Project will mean another significant investment in the local economy, and it will deliver low-cost energy to this region of the country.”
Duane Highley, president and chief executive officer of AECC, said the project will benefit ratepayers.
“The wind energy agreements provide our distribution cooperatives and their members with energy resources that are geographically diverse, reasonably-priced and price-controlled over a long-term period,” Highley said. “AECC has long been dedicated to pursuing investments in a diverse generation portfolio to hedge against fuel price volatility and shifts in federal energy policies.”