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Geronimo Energy to Sell Black Oak Getty Wind Farm to Sempra U.S. Gas & Power

published: 2015-04-28 11:44

Geronimo Energy, LLC (Geronimo) is now constructing the Black Oak Getty wind project (the “Black Oak Getty” of the “Project”) and expects to start commercial operation by the end of 2016. Geronimo announces that the Black Oak Getty will be sold to Sempra U.S. Gas & Power, and it has been retained to assist in the completion of the Project's development phase.

Black Oak Getty is a 78MW wind project covering approximately 12,000 acres in Stearns County, Minnesota. The wind power generated from Black Oak Getty is sold under a long-term Power Purchase Agreement (PPA) with Minnesota Municipal Power Agency (MMPA). MMPA's purchase from this wind project will help MMPA meet its renewable energy obligation of 25% in 2025, noted Derick O. Dahlen, Executive Manager for MMPA. Every year, Black Oak Getty is expected to produce enough electricity to power approximately 30,000 homes and employ 250 workers at peak construction.

"Geronimo is pleased to partner with a world-class company like Sempra U.S. Gas & Power to help bring the Black Oak Getty wind farm into operation," says Geronimo Energy President, Blake Nixon. "As a result of this transaction, the Black Oak Getty wind farm will bring positive economic impact to the local area and stable, low cost renewable energy to the member communities of MMPA."

Patricia K. Wagner, president and CEO of Sempra U.S. Gas & Power, commented, "Through the acquisition, development and operation of the Black Oak Getty wind project, we look forward to providing Minnesota with a stable supply of clean, renewable energy and becoming a long-term partner with the local community through the development and operation of this project."

Related Post: Sempra U.S. Gas & Power Acquired a Minnesota Wind Project

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