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    Citizens Financial Group Signs PPA For Portion Of 200MW Wind Farm In Kansas, US


    September 22, 2022 - Fitch Solutions Sector Intelligence

     

      • Infrastructure
      • United States
      • Company Brief
      • Fitch Solutions

      Citizens Financial Group Signs PPA For Portion Of 200MW Wind Farm In Kansas, US

      • 22 Sep 2022
      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      News: Citizens Financial Group has signed a long-term power-purchase agreement (PPA), with Ørsted to procure electricity from a 25.8MW portion of the 200MW Sunflower Wind project in the US state of Kansas. Under the deal, electricity generated will be resold in the local electricity grid while Citizens will use the renewable energy credits to achieve 100% renewable power. The under-construction wind project is expected to generate power that would serve 96,000 households per annum. Commissioning for the project is expected by 2023, according to a press release from Citizen.

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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