Clearway Energy Group and Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) announced today that it completed its acquisition of the Tuolumne Wind Project in Klickitat County, Washington. The 137-megawatt (MW) wind farm has a strong operating history and generates enough reliable electricity to power over 44,000 homes every year.
“We are thrilled to expand our investment in Washington state and provide reliable, low-cost power to homes and businesses on the West Coast,” said John Woody, Senior Vice President of Development at Clearway. “We look forward to our long-term partnership with the Turlock Irrigation District through this project.”
As a result of this acquisition, Clearway will contribute $1.3 million in annual sales and property taxes to Klickitat County to support local schools, hospitals, and other public services.
Located along the Columbia River, the project site has been recognized as one of the most productive wind resource areas in the western United States.
The project will sell power under an amended agreement with Turlock Irrigation District, with an initial 15-year contract term and the option for a future repowering, potentially extending the project’s lifespan by upgrading turbine components. This acquisition represents a $60 million investment in Washington, where Clearway’s existing footprint includes the 160 MW Rattlesnake Flat wind farm in Adams County.
Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states, including 9.1 GW of wind, solar, and battery energy storage assets, and over 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information clearwayenergygroup.com.
Clearway Energy, Inc. is one of the largest owners of clean energy generation assets in the U.S. and is leading the transition to a world powered by clean energy. Our portfolio comprises approximately 11.8 GW of gross capacity in 26 states, including approximately 9.1 GW of wind, solar and battery energy storage systems and approximately 2.8 GW of flexible dispatchable power generation providing critical grid reliability services. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income. Clearway Energy, Inc.’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by its controlling investor, Clearway Energy Group LLC. For more information, visit investor.clearwayenergy.com.