BLOOMBERG IN BIG PRIVATE WIND BUY

EDPR, Bloomberg Announce N.Y.'s Largest Corporate Wind Energy Buy

8 December 2015 (North American Windpower)

“…[EDP Renewables] secured a 20-year power purchase agreement from Bloomberg LP, a global business and financial information company, for 20 MW of wind power that will be used to offset the energy use of Bloomberg's New York offices…According to the New York State Energy Research and Development Authority (NYSERDA), the deal is the largest wind energy purchase by a corporation on record in New York State…Bloomberg has agreed to buy over 25% of the energy generated by the 79 MW Arkwright Summit wind project in Chautauqua County, N.Y. The project will feature 44 wind turbines…The Arkwright Summit project is located less than 30 miles from the retired BPU Jamestown Coal Plant, one of more than 205 U.S. coal-fired power plants that have been retired in the past five years as part of the Sierra Club’s Beyond Coal campaign, in partnership with Bloomberg Philanthropies…Coupled with previously announced renewable energy projects, Bloomberg will power 51% of its New York State energy needs from clean energy sources once the Arkwright Summit project is complete…” click here for more

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