Greenfield project brings economic and clean air benefits to Bureau
DALLAS–(BUSINESS WIRE)–Leeward Renewable Energy, LLC today announced the company has entered
into a Virtual Power Purchase Agreement with Target
Corporation that will enable the construction of its Lone Tree Wind
Project, a greenfield wind development project located in Bureau County,
Illinois. The Lone Tree facility will have a capacity of approximately
79.4 megawatts (MW) and provide economic, health and clean air benefits
to Bureau County.
Lone Tree will be built adjacent to an existing Leeward-owned wind farm,
Crescent Ridge, leveraging Leeward’s long-standing relationships with
the community. The project is expected to generate approximately 125
full time construction jobs during construction and the opportunity for
permanent local jobs. The project also will create tax revenue to the
County and neighboring townships.
“We are pleased that Target has selected Leeward as a renewable energy
partner,” said Greg Wolf, Leeward Renewable Energy CEO. “We welcome the
opportunity to work with a forward-looking company that is committed to
reducing its carbon footprint and creating sustainable operations.”
Leeward expects to commence construction of the project in fall 2019 and
to complete construction in December 2020.
About Leeward Renewable Energy, LLC
Leeward Renewable Energy is a leading US-based independent renewable
energy company with a current wind portfolio of approximately 1.7
gigawatts (GW) over 19 wind projects in nine states. With Lone Tree,
Leeward will have approximately 250 MW under construction using proven,
best-in-class technology, and a development pipeline of over 1 GW in
wind, solar, and energy storage projects. For more information about
Leeward, visit www.leewardenergy.com.
Leeward is owned by OMERS Infrastructure, the infrastructure arm of one
of Canada’s largest defined benefit pension plans.