The Grand River Dam Authority has signed power-purchase agreements to get electricity from two new wind farms being developed in northern Oklahoma, developer TradeWind Energy Inc. announced Tuesday.
GRDA’s board approved 20-year agreements with TradeWind to draw power from the 136-megawatt Mustang Run project in Osage County and the 98-megawatt Breckinridge project near Enid.
The deal helps GRDA in its quest to have a well-balanced portfolio of generation sources, CEO Dan Sullivan said.
“The addition of these wind projects will help bring the diversity we need,” Sullivan said. “The fuel options we will have in the future will continue to serve our customers well with reliability and affordability.”
TradeWind, a Kansas-based wind and solar developer, said the projects will pay about $50 million to area landowners, while generating more than $30 million in property taxes over the next 20 years.
The wind farms also will create about 20 full-time jobs once they are in operation.
Bill stirs uncertainty
The Osage County project could be affected by a pending Senate bill that would halt any wind projects on the east side of the state.
TradeWind officials will be among wind advocates rallying against the bill Wednesday at the Capitol, a company spokesman said.
Continue reading this story on the...