- ACCIONA Energía acquired two wind farms in Texas, adding 300 MW to its US portfolio and increasing its total capacity to 2.8 GW.
- The Green Pastures wind farms will generate 1.1 TWh of renewable energy annually, connected to the ERCOT grid covering 90% of Texas.
- This acquisition strengthens ACCIONA’s presence in the US renewable energy market, further supporting the growing demand for clean energy.
ACCIONA Energía has acquired two wind farms in Texas, increasing its renewable energy capacity in the US by 300 MW. The company bought the Green Pastures I and II wind farms in Baylor and Knox counties from private asset managers for $202.5 million. With this purchase, ACCIONA boosts its total installed capacity in the US to 2.8 GW.
The Green Pastures wind farms will generate 1.1 TWh of renewable energy each year, enough to power tens of thousands of homes. Both farms connect to the Electric Reliability Council of Texas (ERCOT) grid, which manages around 90% of the state’s electricity market. ERCOT supports renewable energy integration and positions itself as a critical player in wind energy production.
ACCIONA adds these wind farms to strengthen its role in the US renewable energy market. The farms in north-central Texas complement the company’s existing assets in the country, allowing ACCIONA to enjoy greater geographic diversity in its wind energy portfolio.
ACCIONA continues expanding its wind energy production across the US. This acquisition plays a crucial role in its growth strategy, with the 300 MW increase bringing its total US wind capacity to 2.8 GW. The company focuses on meeting rising demand for clean energy as the US pushes for renewable sources to lower carbon emissions.
Texas’s vast open spaces and consistent winds provide favourable conditions for wind energy. The state’s pro-renewable policies and ERCOT’s developed grid attract companies like ACCIONA to invest in the region. Texas already ranks as a leader in wind energy production, and ACCIONA’s new wind farms will further boost its clean energy contribution.
The Green Pastures wind farms align with ACCIONA Energía’s long-standing commitment to renewable energy. The company leads global efforts toward sustainable energy sources, with projects across Europe, North America, and beyond. ACCIONA focuses on wind, solar, and other renewables to support international climate goals and reduce dependence on fossil fuels.
This acquisition forms part of ACCIONA’s broader strategy to expand its renewable energy footprint in key global markets. The company sees the US as a critical area for growth, particularly as the country ramps up clean energy efforts. With the Biden administration backing renewable energy development, companies like ACCIONA find more opportunities to thrive in the US market.
ACCIONA Energía’s purchase of the Green Pastures I and II wind farms marks a significant step in its US expansion. The acquisition underscores the company’s commitment to growing its presence in North America while supporting the US transition to cleaner energy. By adding 300 MW of capacity, ACCIONA enhances its ability to meet the country’s increasing demand for sustainable energy solutions.