trending Market Intelligence /marketintelligence/en/news-insights/trending/wkqcj6boh8iyaw_r4gqvag2 content esgSubNav
In This List

AEP, GridLiance, Tri-County Electric reach settlement on 2,000-MW wind farm

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


AEP, GridLiance, Tri-County Electric reach settlement on 2,000-MW wind farm

American Electric Power Co. Inc. reached a settlement agreement with GridLiance Holdco and Tri-County Electric Cooperative Inc. on the planned 2,000-MW Wind Catcher Wind Farm in the Oklahoma panhandle.

Under the agreement, GridLiance subsidiary South Central MCN LLC will have an option to construct, own and operate any additional transmission lines connected to the wind project in Cimarron County, Texas, and Beaver County, Okla., with Tri-County Electric retaining the right to supply retail electric load in its service area.

"These rights are to last for the life of the Wind Catcher Energy Connection project and will benefit our members over the long term," Tri-County Electric CEO Zac Perkins said in a May 30 statement. In 2015, GridLiance signed an agreement with Tri-County Electric to plan, construct and operate transmission infrastructure projects.

AEP subsidiaries Public Service Co. of Oklahoma and Southwestern Electric Power Co. in July 2017 announced a deal to acquire the Wind Catcher facility from Invenergy LLC unit Invenergy Renewables LLC for $4.5 billion. The Wind Catcher facility will provide nearly 9 million MWh of wind energy annually to AEP's customers in Arkansas, Louisiana, Oklahoma and Texas.