RES Americas Executes Power Purchase Agreement with Wolverine Power Cooperative for 114 Megawatts of Wind Energy

BROOMFIELD, Colo., Jan. 9, 2015 /PRNewswire/ -- Renewable Energy Systems Americas Inc. (RES Americas), a leader in the development, engineering, and construction of wind, solar, transmission, and energy storage projects in North America, is pleased to announce that its subsidiary RES America Developments Inc. has entered into a 20-year power purchase agreement (PPA) with Wolverine Power Supply Cooperative, Inc. (Wolverine) for 114 megawatts (MW) of wind energy and associated renewable energy credits in the Thumb of Michigan.

The wind power will be sourced from the Deerfield Wind Energy project, which is located in Huron County, Michigan.  The project, located on approximately 20,000 acres in the townships of Huron, Bloomfield, Dwight, and Lincoln, will provide up to 200 jobs during the peak of construction and up to six permanent jobs once construction is completed. Currently more than 215 local landowners are participating in Deerfield Wind Energy and will receive landowner royalty payments from the project.

RES Americas developed and will construct the project and Wolverine, which is owned by and supplies wholesale electric power to seven members, will be the recipient of the 114 MW of electricity generated by the project. Deerfield Wind Energy is scheduled to reach commercial operation by December 31, 2016.

"We are delighted to help Wolverine deliver clean wind energy to its member-owners at a very attractive cost," said Glen Davis, Chief Executive Officer of RES Americas.  "Wolverine's commitment to purchase the Deerfield Wind Energy project's electrical output will bring investment and jobs to the state and local community that have supported us through the development cycle."

"Wolverine is very pleased to be adding competitively priced wind energy to its power supply portfolio for its members," said Eric Baker, President and CEO of Wolverine. "This PPA not only positions Wolverine and its members to meet Michigan's Renewable Portfolio Standard requirement of 10 percent renewable power supply by 2015, it also further diversifies Wolverine's overall energy portfolio."

About RES Americas
Since 1997, Renewable Energy Systems Americas Inc. (RES Americas) has been providing development, engineering, construction, and operations services to the utility-scale wind, solar, transmission, and energy storage markets across the Americas. The company employs more than 300 full-time professionals and has over 7,000 MW of utility-scale renewable energy and energy storage projects and constructed more than 534 miles of transmissions lines. RES Americas' corporate office is located in Broomfield, CO with regional offices located in Austin, TX and Minneapolis, MN. RES Americas is part of the RES Group, a leading international renewable energy developer. RES Group currently has more than 1,200 MW of wind and solar power under construction throughout the world. 

For more information, please visit www.res-americas.com.

About Wolverine Power Supply Cooperative, Inc.
Wolverine Power Supply Cooperative, Inc. is a not-for-profit generation and transmission cooperative headquartered in Cadillac, Michigan. Wolverine is owned by and supplies wholesale power to five distribution electric cooperatives: Cherryland Electric Cooperative, Grawn; Great Lakes Energy, Boyne City; HomeWorks Tri-County Electric Cooperative, Portland; Presque Isle Electric & Gas Co-op, Onaway; and Midwest Energy Cooperative, Cassopolis; and two alternative electric suppliers: Spartan Renewable Energy, Cadillac; and Wolverine Power Marketing Cooperative, Cadillac. For more information, please visit www.wpsci.com.

Media Contacts
RES Americas
Raheleh Folkerts
303.439.4200
[email protected]

Wolverine Power Cooperative
Jeannine Taylor
231.779.3315
[email protected]

SOURCE Renewable Energy Systems Americas Inc.

Related Links

http://www.res-americas.com