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    Western Oklahoma wind farm sells for $250 million

    August 15, 2022 - Journal Record


      An 80-turbine wind farm that spans 17,000 acres in western Oklahoma has changed hands.

      The Persimmon Creek Farm in Dewey, Ellis and Woodward counties sold for approximately $250 million.

      According to a release, the 199-megawatt wind power facility, which first went online in 2018, was purchased by Evergy Inc. from sellers Scout Clean Energy and joint venture partner Elawan Energy.

      Headquartered in Kansas City, Evergy serves 1.6 million customers in Kansas and Missouri. About half of its delivered power derives from carbon-free sources.

      Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado, with more than 1,200 megawatts of operating assets. According to the release, it is currently developing a portfolio of more than 15,000 MW of onshore wind, solar PV, and battery storage projects across 24 states. Scout is a portfolio company of Quinbrook Infrastructure Partners, a global investment manager specializing in lower-carbon and renewable energy infrastructure.

      "We are delighted that Evergy has agreed to purchase Persimmon from Scout, which will serve Evergy's renewable energy plans well over the coming years. Persimmon was designed and constructed to a very high standard by the Scout team and this is reflected in the value achieved in this transaction," Scout Board Chairman David Scaysbrook said.

      Elawan Energy identifies as a global operator in the renewable energy space with more than 1.1 gigawatts of wind, solar, and hydropower projects in operation and more than 11 GW of renewable energy under development.

      The Persimmon Creek Farm sale is expected to close in the first quarter of 2023.

      "Evergy continues to tap into the Midwest's affordable, renewable energy resources to serve our customers," Evergy President and CEO David Campbell said in a statement. "Expanding our portfolio of owned renewable generation positions us to ensure customers receive the long-term benefits of these assets."

      Copyright © 2022 BridgeTower Media. All Rights Reserved.


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