Renewables

Greece’s Terna Energy adds 2 wind farms in Texas to U.S. portfolio

Terna Energy Texas Hrgud

Photo: Egor Shitikov/Pixabay

Published

September 26, 2019

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Published:

September 26, 2019

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Greek renewable energy company Terna Energy has seen a significant strengthening of its wind farm portfolio in the United States with the completion of two significant investments in the Texas area, according to a press release from the member of GEK Terna Group.

The 158 MW Gopher Creek (Fluvanna 2) wind farm in Borden County, Texas, has commenced commercial operation. Its construction began in the second half of 2018 and it was completed within the set time schedule.

At the same time, all the procedures for the acquisition of the Bearkat wind farm in Glasscock County, Texas were successfully completed. It is noted that Bearkat has a total capacity of 200 MW and has been in commercial operation since January 2018.

Terna Energy’s total installed capacity in the U.S. is now at 651 MW, making it top Greek clean energy investor abroad

With the addition of these two new wind farms, the installed capacity of Terna Energy Group in the U.S. totals 651 MW.

The Group operates two other wind farms in the U.S., one of 138 MW in Elmore County, Idaho and one more of 155 MW in Scurry County Texas (Fluvanna 1).

George Peristeris, Chairman of Terna Energy Group, noted that the group’s total installed capacity of 651 MW in the U.S. makes it the biggest investor in renewable energy projects in Greece and the biggest Greek company in the field of clean energy internationally.

“We are determined to further invest in Greece and abroad, aiming to surpass the target of 2,000 MW,” said Peristeris.

Overall, the company operates, is constructing, or has fully licensed 1,512 MW of RES installations in Europe and the U.S. The total installed capacity of the Group amounts to 1,390 MW, namely 607 MW in Greece, 651 MW in the U.S., and 132 MW in South-East Europe, according to the press release.

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