Orrick represented EDP Renewables North America LLC (EDPR NA) in a 15-year power purchase agreement (PPA) with Salesforce for the energy produced from its Bright Stalk Wind Farm in McLean County, Illinois. The 205 MW Bright Stalk Wind Farm will produce enough clean electricity to power more than 70,000 Illinois homes each year and is expected to be fully operational by the end of 2019.
In July of this year, EDPR announced that it had secured four 15-year PPAs with three Commercial and Industrial (“C&I”) entities to sell the energy produced from wind farms in Illinois and Indiana with a total capacity of 405 MW. Orrick is pleased to have represented EDPR NA in connection with the Salesforce PPA, as well as in a similar recent deal with Wal-Mart.
According to EDPR, the execution of these agreements brings their signed capacity to 2.1 GW of PPAs in the U.S.