AdventHealth to offtake power from Scout wind farm in Texas

AdventHealth to offtake power from Scout wind farm in Texas Wind park. Author: Santi VillamarĂ­n. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

US non-profit healthcare organisation AdventHealth has agreed to procure half of the output of a 180-MW wind farm in Texas owned by Colorado-based renewable energy company Scout Clean Energy.

The parties have signed a virtual power purchase agreement (VPPA) related to a 90-MW portion of the Heart of Texas Wind Farm which went live back in 2020.

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The deal is aligned with AdventHealth's effort to achieve 100% renewable electricity by 2026. The VPPA will cover 40% of its electricity needs.

Situated near McCulloch County, Heart of Texas has 64 individual 300-foot-tall (91.4-m) wind turbines. The facility generates enough electricity to power around 67,000 homes.

Scout is owned by Brookfield Asset Management. It has a portfolio of about 1,000 MW of wind assets in operation and under construction, along with a pipeline of over 19,000 MW of wind, solar and storage projects across 22 states.

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Marta is an M&A and IPO specialist with years of experience covering energy deals in the US and EU.

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