Sustainable energy company Avangrid Inc. announced the construction of what will be the company’s fifth wind farm in Illinois in a March 11 press release. The 153 megawatts (MW) Osagrove Flats facility will include 34 wind turbines.
The wind farm will produce more than 550,000 megawatt-hours of energy in a year, which is the same amount of power used by about 50,000 U.S. homes.
Osagrove Flats is located in La Salle County, Illinois, near four other Avangrid wind farms, including Streator Cayuga Ridge South, Midland, Otter Creek and Providence Heights. Upon completion, it will bring Avangrid’s total installed renewable energy capacity in the state to nearly 800 MW.
Recommended Reading
Novo II Reloads, Aims for Delaware Deals After $1.5B Exit Last Year
2024-04-24 - After Novo I sold its Delaware Basin position for $1.5 billion last year, Novo Oil & Gas II is reloading with EnCap backing and aiming for more Delaware deals.
Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing
2024-04-23 - Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.
EIA: Permian, Bakken Associated Gas Growth Pressures NatGas Producers
2024-04-18 - Near-record associated gas volumes from U.S. oil basins continue to put pressure on dry gas producers, which are curtailing output and cutting rigs.
Benchmark Closes Anadarko Deal, Hunts for More M&A
2024-04-17 - Benchmark Energy II closed a $145 million acquisition of western Anadarko Basin assets—and the company is hunting for more low-decline, mature assets to acquire.
‘Monster’ Gas: Aethon’s 16,000-foot Dive in Haynesville West
2024-04-09 - Aethon Energy’s COO described challenges in the far western Haynesville stepout, while other operators opened their books on the latest in the legacy Haynesville at Hart Energy’s DUG GAS+ Conference and Expo in Shreveport, Louisiana.